【$LAYER Signal】Negative fee rate short squeeze vs overbought at high levels, orders placed for an ambush

$LAYER Funding rate -0.3172%, shorts pay massive interest. 4H RSI 84.37—after the price broke above the Bollinger upper band, it pulled back to 0.1375, and the bid-side liquidity gap is clearly visible. The 1H MACD histogram shrinks, momentum weakens, but selling pressure has not continued to build.
🎯 Direction: Long (place order)
⚡ Entry/Order: 0.13680
🛑 Stop loss: 0.09283
🚀 Target 1: 0.13741
🚀 Target 2: 0.13796
🛡️ Trade management: When Target 1 is reached, cut 50%; move the stop loss up to breakeven. If the price falls back to 0.13680, automatically exit.
Depth logic: Extreme negative fee rate values often foreshadow a short squeeze, but with current high-level chasing longs, the risk-reward ratio is poor—so it’s better to look for a low buy-in within the order range. The 1H buy depth ratio is 0.83, with sellers dominating. If the price retraces to 0.13680 without breaking it, it can be seen as a bullish defense line.
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