【$MLN Signal】Negative funding rate potential for short squeeze, waiting for a pullback to enter

$MLN 1H retraced to 3.203, 4H MACD bullish bars still expanding, 1H MACD bars narrowing but signal line rising. Funding rate -0.2794%, bears paying longs, OI stable. Buy depth ratio 1.78, dense buy orders below. Current price above the suggested range upper limit 3.187, not suitable for chasing higher.

🎯Direction: Long (Pending order)

⚡Entry/Order: Pending orders in the 2.923-3.187 range, recommended around 3.100

🛑Stop loss: 2.900

🚀Target 1: 3.206

🚀Target 2: 3.219

🛡️Trade management:
- After triggered, reduce position by 50% at 3.206, move stop loss to break-even. Exit if price drops below 2.900.

Depth logic: Negative funding rate persists, bears passively paying, once price stabilizes above 3.187, the probability of accelerating the short squeeze increases. 4H RSI 55 not overheated, bullish momentum not exhausted. Although the current risk-reward ratio is thin (0.07), large volatility may result in a one-time fill.

Check real-time market 👇 $MLN
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