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【$SOON Signal】Multiple callbacks, negative funding rate + buy orders support the floor
RSI 1H drops to 59, buy order ratio 0.46, selling pressure intensifies. Funding rate is -0.07% continuously negative, short positions have high entry costs, and short squeeze conditions are gradually accumulating. The 4H Bollinger Band upper band at 0.2262 shows obvious resistance, but the buy depth of 3.25% indicates orderly support below. The current price at 0.2167 is within the suggested entry zone, the bullish trend remains intact, and short-term correction may be a buildup.
🎯Direction: Long
⚡Entry/Order: 0.2167 (within current price range)
🛑Stop loss: 0.1787
🚀Target 1: 0.2267
🚀Target 2: 0.2426
🛡️Trade management: - Execute strategy: reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit.
Depth logic: MACD 4H histogram continues to shrink, bullish momentum weakens temporarily, but negative funding rate and stable open interest form a bullish safety cushion. 1H candlestick shows two shadow lines near 0.2160, indicating support strength. Although the risk-reward ratio is not ideal, under the short squeeze logic, the asymmetry favors the bulls.
View real-time market 👇 $SOON
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