【$MLN Signal】Multiple callbacks, negative fee rate provides a safety cushion

$MLN RSI 1H 55.84, buy and sell order depth ratio 1.23, funding rate -0.2532%. 4H MACD bullish_expanding, but 1H momentum has narrowed, buy pressure weakening. Price has fallen from 3.75 to 3.12, selling pressure appears above.
🎯Direction: Long (place orders waiting for a pullback)
⚡Entry/Order placement: 2.916 - 2.960 staggered orders, prioritize 2.928
🛑Stop loss: 2.892
🚀Target 1: 2.962
🚀Target 2: 2.985
🛡️Trade management:
- Execution strategy: After order fills, if price rebounds to 2.962, reduce position by 50%, move stop loss up to entry price. Remaining position targets 2.985. If it drops below 2.892, exit unconditionally.
Depth logic: Negative fee rate combined with stable open interest, short sellers face high costs, short-term short squeeze probability increases. But 1H MACD histogram shrinks, chasing longs directly can easily get trapped. Wait for a dip to the dense trading zone below (around 2.90) before entering, risk-reward ratio is acceptable.
Check real-time market 👇 $MLN
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