【$NIL Signal】Go long + negative funding rate squeeze shorts / 1H pullback confirmation

$NIL Funding rate -0.1724%, deep negative value; the short positions’ cost of holding is extremely high. After a brief poke above the upper Bollinger Band on the 4H at 0.0426, it fell back. On 1H, the MACD histogram has contracted, but the fast and slow lines are still sticking together above the zero axis. Order book depth is 1.14; there is dense incoming liquidity at the lower side. Current price is 0.04293, exactly at the upper edge of the recommended entry range, with a reasonable value-for-money.
🎯 Direction: Go long
⚡ Entry/Limit order: 0.0428012 - 0.0429300
🛑 Stop loss: 0.0425007
🚀 Target 1: 0.0435740
🚀 Target 2: 0.0438959
🛡️ Trade management: - Execute strategy: After reaching Target 1, cut the position by 50%, and move the stop loss up to break-even. If the price drops back to the entry level, automatically exit to protect principal.
A persistent negative funding rate means increased pressure from short-side capital. If the price holds steady above 0.0425, the short-squeeze momentum is likely to release easily in the short term. The depth data also shows that buy limit orders have not retreated; this pullback looks more like a healthy cleanup rather than a trend reversal.
View live market 👇 $NIL
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