【$KATU Signal】Funding rate -0.62% + order book sell pressure, clear long entry logic on pullback


$KATU Funding rate hits -0.6242%, short positions are at extremely high risk of being squeezed, but the 1H Bollinger upper band at 0.0170 is suppressing, and the sell depth at 0.73 shows selling pressure has not dissipated. The 4H RSI at 77.9 is approaching overbought territory, MACD histogram is starting to shrink, short-term needs to digest the gains.
🎯This order is for going long, placing an order at 0.0150 waiting for a pullback, stop loss at 0.01045, first target at 0.01518, remaining position watching at 0.01675.
⚡Order price 0.0150, if the price pulls back to this level, enter directly. 🛑Stop loss at 0.01045, exit if broken. 🚀Target 1: 0.01518, reduce half of the position to lock in profits after reaching, Target 2: 0.01675, continue holding. 🛡Execution strategy: reduce 50% at Target 1, move stop loss to entry price to break even, remaining position waiting for Target 2. If the price reverses and breaks the stop loss, exit decisively.
Depth logic: Negative funding rate indicates shorts are bleeding, but order book shows dense sell orders above, so short-term chasing high is not advisable. Wait for a pullback near the upper boundary of the range at around 0.0150 to go long, risk-reward ratio is sufficient for short-term trading. 1H MACD is about to form a death cross, but if the pullback does not break below EMA20_1h at 0.0143, the bullish structure continues.
Check real-time market 👇 $KATU
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