【$OPEN Signal】Negative funding rate + capital bottoming, pullback to add long logic


$OPEN 4H Bollinger Band upper band 0.1975, buying pressure gradually weakens with each candle. 1H RSI 72.6, MACD red histogram shortens, momentum contracts. Market depth Bid/Ask imbalance 1.56, sell orders at 21.85% premium, funding rate -0.006%, open interest stable, dense orders in the 0.1793-0.1810 area below, clear willingness to buy the dip.

🎯Direction: Long (buy the dip after pullback)

⚡Entry/Order placement: 0.1793 - 0.1810

🛑Stop loss: 0.1778

🚀Target 1: 0.1926

🚀Target 2: 0.1934

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
Deep observation: Negative funding rate combined with sideways price action indicates strong willingness for shorts to cover costs, but active buying is insufficient. Need to wait for liquidity to be released below before pushing higher. Risk-reward ratio approximately 1:6, worth a shot.
Check real-time market 👇 $OPEN
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