$MBOX Signal: Negative fee rate + rapid rise and pullback, waiting for stabilization to go long

Negative fee rate -0.141% combined with rapid rise and pullback, 1H three consecutive bearish candles engulfing the gains, buying depth ratio drops from 1.51 to around 1.0, order book is sparse. The 4H Bollinger upper band at 0.0121 is a clear resistance, trading volume shrank to 8.7 million, bullish traders' willingness to attack is weak. The 0.011-0.012 range is a dense support zone from the 4H midline to the 1H lower band, an extreme negative funding rate indicates high short position costs, and once stabilized, short squeezes are likely to occur.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.011 - 0.012

🛑Stop loss: 0.011

🚀Target 1: 0.012

🚀Target 2: 0.012

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Depth logic: 4H MACD histogram is still expanding, but price has not stabilized above 0.0121, short-term pullback to digest selling pressure. Stable open interest indicates no large-scale liquidation, negative fee rate suppresses short position costs passively, waiting for a volume-increasing bullish candle on the 1H to confirm support. The current risk-reward ratio is very low, suitable only for light position testing and sniping.

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