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【$PUMPBTC Signal】4H bullish trend + high funding rate short squeeze expectation, pullback to add long positions
$PUMPBTC Funding rate soars to 0.1737%, long position costs are extremely high. 1H MACD shows a death cross but RSI retraces to 51, selling pressure is unbalanced -21% but trading volume shrinks, selling pressure begins to weaken. The middle band of the 4H Bollinger Bands at 0.0239 provides strong support, MACD bars are shrinking but still positive. The current price of 0.02599 is near the upper boundary of the suggested range, waiting for a pullback to the lower support area before attacking.
🎯Direction: Long (place orders to catch the spike)
⚡Entry/Order: 0.02435 - 0.02480 (near the lower boundary of the suggested range)
🛑Stop loss: 0.02298
🚀Target 1: 0.02708
🚀Target 2: 0.02844
🛡️Trade management: - Execute strategy: reduce 50% of the position after reaching Target 1, move stop loss up to the entry price. If the price falls below 0.02435 and does not quickly recover, actively exit.
High funding rates put pressure on long costs, but the 4H trend is not bad; if the support is not broken on pullback, funds will push higher again. Current risk-reward ratio is about 1:2, worth betting.
Check real-time market 👇 $PUMPBTC
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