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【$FIDA Signal】Long | Negative funding rate + pullback to enter long
$FIDA 1H RSI 58.22, MACD histogram -0.0005, short-term selling pressure continues. 4H MACD histogram 0.0011 but has shrunk, upward momentum weakens. Funding rate -0.0362%, short position costs continue to rise, short squeeze risk accumulates. Current price 0.03257, slightly above the suggested range upper limit 0.03241, waiting for a slight pullback to place orders.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.03241
🛑Stop loss: 0.02229
🚀Target 1: 0.03448
🚀Target 2: 0.03855
🛡️Trade management:
- Reduce position by 50% at Target 1, move stop loss up to entry price. Hold until Target 2 if not triggered.
Depth logic: OI remains stable but negative funding rate persists, if sellers cannot quickly suppress, short covering will push prices higher. 1H sell volume ratio 0.40, active selling pressure is strong but support below (Bid/Ask Ratio 1.29) is evident. Current risk-reward ratio is average, but potential for a short squeeze explosion makes it worth betting.
Check real-time market 👇 $FIDA
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