$CGPT Signal】Negative fee rate + sharp rise and fall, pullback to enter long and squeeze shorts


$CGPT Funding rate -0.0148% negative value, sell order depth ratio 67%, but 4H MACD histogram shrinking, 1H MACD red bars narrowing, bulls and bears entering a critical zone. Orders stacking around 0.0370, price retraced from 0.04133 to 0.0377, trading volume shrinking simultaneously, short-term selling pressure being absorbed. Fair profit and loss consideration: Although the current pattern is under pressure, the negative fee rate indicates excessive short positioning, and a rebound could trigger a short squeeze.
🎯Direction: Long (buy on dip)
⚡Entry/Order: 0.03650
🛑Stop loss: 0.03383
🚀Target 1: 0.04056
🚀Target 2: 0.04280
🛡️Trade management: - Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect capital.
Depth logic: The 4H middle Bollinger Band at 0.0370 provides short-term support, 1H RSI around 57 indicates not overheated, open interest remains stable with no significant increase, and the negative fee rate continues to be a potential trigger point. The 0.03607-0.03750 range, with 0.03650 near the 4H EMA50 (0.0340), offers a reasonable safety margin.
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CGPT17.08%
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