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【$NOT Signal】Waiting for a callback to go long, negative funding rate supports short squeeze logic
$NOT 1H RSI 69.75, 4H RSI 78.74, price surged outside the Bollinger Band 1H upper band, deep sell orders -10.32%, high-level buy orders show a gap. Funding rate -0.0099%, bears continue to pay, open interest remains stable, short squeeze conditions are still building.
🎯Direction: Long (pullback limit order)
⚡Entry/Limit order: 0.0006799
🛑Stop loss: 0.0004970
🚀Target 1: 0.0006828
🚀Target 2: 0.0006856
🛡️Trade management:
- Execution strategy: After placing the limit order, upon reaching target 1, reduce position by 50%, move stop loss up to entry price. If the price rebounds weakly and breaks below the entry point, exit proactively. Current risk-reward ratio is very narrow, suitable for short-term sniper trades, strict discipline is required.
Check real-time market 👇 $NOT
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