【$API3 Signal】Pullback with multiple long entries + negative funding rate short squeeze

$API3 RSI 1H 76.65, 4H MACD bullish divergence slowing, 1H MACD histogram continues to shrink, indicating significant exhaustion of buying power. Deep imbalance -3.27%, sellers slightly dominate. Funding rate -0.749% in an extremely negative zone, open interest stable, price has pulled back from 0.5038 and is still consolidating around 0.45, with previous heavy trading volume support at the 0.40 area. Currently, chasing long positions directly at the current price offers a poor risk-reward ratio; waiting for a pullback for a better entry is more cost-effective.
🎯Direction: Long
⚡Entry: Place order at 0.4000 (recommended entry zone within 0.3463-0.4532)
🛑Stop Loss: 0.3253
🚀Target 1: 0.4556
🚀Target 2: 0.4575
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss to entry price to protect capital; if price drops below 0.38, exit proactively to avoid deep correction.
Order book logic: Negative funding rate combined with stable open interest supports a long squeeze; short positions have high entry costs, and once the price stabilizes, it can trigger a short squeeze; 4H Bollinger upper band at 0.428 has been broken, the current pullback is a normal retracement after a breakout, and RSI on the 1H chart retracing to 40-50 is an ideal second entry point. The market is currently in a balanced state between bulls and bears; patience is needed until the order triggers.
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