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【$ALT Signal】Negative funding rate short squeeze anticipation + 4H Bollinger middle band support
$ALT 1H MACD death cross widening, 4H MACD histogram shrinking, deep imbalance -4.62%, buying pressure gap. Funding rate -0.1696%, extremely negative, long positions have high costs. Current price 0.008251, just one step away from the 4H Bollinger middle band at 0.0077, support below still acceptable. Usually, once this structure holds, the short covering momentum is very strong.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.007916 - 0.008683 range, suggest placing order near 0.007916
🛑Stop loss: 0.007852
🚀Target 1: 0.008248
🚀Target 2: 0.008281
🛡️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 principal.
Depth logic: Strong support around 0.0077 near the 4H Bollinger middle band, 1H RSI has entered the oversold zone at 44.63, MACD is bearish but histogram is shrinking. Negative funding rate combined with stable open interest, if the price retraces to 0.0079 without breaking, the short covering pressure will push the price quickly back above 8.2. Risk-reward ratio about 5:1, worth betting on.
Check real-time market 👇 $ALT
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