$NIL Signal | Overbought zone negative funding rate, waiting for the retracement to the upper boundary of the range


$NIL 1H RSI 79, trading outside the 4H Bollinger Bands, funding rate -0.021% remains negative. Buy depth 0.81, sell slightly dominant. 4H MACD bullish momentum expanding, but 1H MACD bars start to contract.

🎯Direction: Long (waiting for a pullback order)

⚡Entry/Order: 0.06560 (Limit order)

🛑Stop loss: 0.05234

🚀Target 1: 0.06590

🚀Target 2: 0.06617

🛡️Trade management:
- Reduce 50% at Target 1, move stop loss to break-even. If price drops below entry price, exit decisively.
Current risk-reward ratio is very low, suitable only for very small positions to test. Negative funding rate may trigger a short squeeze, but watch out for rapid pullback after RSI overbought. Wait for price to retrace to 0.06560 to confirm support.

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NIL17.02%
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