【$BR Signal】Long position, funding rate is relatively high but the trend has not broken

$BR 1H RSI 85.27, price closely hugging the 4H upper Bollinger Band at 0.1862, MACD histogram continues to narrow. Trading volume has pulled back from the high, buying interest to chase higher has weakened. The funding rate at 0.0207% is approaching the overheat zone, but open interest remains stable, with no large-scale liquidations.
🎯Direction: Long
⚡Entry/Order: 0.1888617 ~ 0.1894300
🛑Stop loss: 0.1875357
🚀Target 1: 0.1922715
🚀Target 2: 0.1936922
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Currently, 1H is consolidating in a range, 4H bullish structure is intact, RSI is overbought but no divergence has formed. The high funding rate may trigger short-term short squeezes or pullbacks, but the entry point is near short-term support, with a risk-reward ratio of 1.5 making it attractive. If the price breaks below 0.1875, the bullish structure is invalidated.
View real-time market 👇 $BR
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