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【$DRIFT Signal】Long position, negative funding rate liquidation + 1H pullback confirmation
$DRIFT Funding rate -0.4983%, bears continue to pay. Although the 1H MACD histogram is below zero, it is about to cross bullish, with dense buy orders around 0.0395. The 4H Bollinger Band middle line at 0.0331 provides strong support, and the current price has already increased by 20% from the middle line, with limited room for a pullback.
🎯Direction: Long
⚡Entry/Order: 0.0395510 - 0.0396700
🛑Stop loss: 0.0392733
🚀Target 1: 0.0402650
🚀Target 2: 0.0405626
🛡️Trade management: - Execute strategy: reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Supported by a trading volume of $245 million, the sustained negative funding rate indicates high leverage on the short side. Once the price stabilizes, it is easy to trigger a short squeeze. The 1H RSI is at 54.3, slightly below neutral, with selling pressure quickly absorbed above. The long profit/loss ratio is about 1.5, with stop loss controlled within 1%, suitable for short-term sniper trades.
View real-time market 👇 $DRIFT
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