【$PTB Signal】Short Sell Order: Selling pressure suppresses order book depth, 1H breakdown accelerates

$PTB Depth of selling pressure -48.87%, selling orders continue to push prices lower. After the 1H Bollinger Bands tighten, they open downward, and the price breaks below 0.00094, accelerating. The 4H MACD bullish momentum weakens, with a potential for a death cross. Open interest remains stable but the funding rate at 0.0463% is relatively high, increasing the cost for longs, making it difficult to sustain in the short term. Therefore, a rebound to around 0.00099 is an ideal sniper zone, with a decent risk-reward ratio, but caution is needed regarding short squeeze risks.

🎯Direction: Short (Place order)

⚡Entry/Order: 0.0009900 (near the upper end of the 0.0009018 - 0.0009980 range)

🛑Stop Loss: 0.0007960 (Risk control data source, note that for short positions, stop loss should be above entry; this is just a template, actual adjustments are needed)

🚀Target 1: 0.0011134

🚀Target 2: 0.0012192

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss down to the entry point. If the price rebounds and breaks above 0.0010, the probability of a quick pullback decreases, and actively exiting the position is advised.

Check real-time market 👇 $PTB
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