【$BIO Signal】Pullback to Long! 1H RSI Divergence + Negative Funding Rate Short Squeeze Opportunity

$BIO The 1H timeframe is consolidating with decreasing volume at a key support level, and RSI shows a bullish divergence signal. Although the 4H timeframe is experiencing a pullback from high levels, the EMA50 (0.0280) provides strong support, and the funding rate at -0.31% hints at a potential short squeeze. The current price is close to the lower end of the consolidation zone, making it an ideal entry point for a rebound.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0288 - 0.0290 (Reason: 1H consolidation lower boundary + EMA50 (4H support resonance zone )

🛑Stop Loss: 0.0283 )Reason: Break below recent 1H low and EMA50 (4H support confirms structural breakdown (

🚀Target 1: 0.0315 )Reason: 1H previous high resistance and EMA20 )1H resistance zone (

🚀Target 2: 0.0335 (Reason: 4H previous high resistance level )

🛡Trade Management:

- Position Size: Light )Reason: 4H trend is a correction, indicating a counter-trend within a larger trend, higher risk (

- Execution Strategy: After the price reaches 0.0315, move the stop loss to the entry price of 0.0290. Use remaining position to target the second goal. If a stalling signal appears on the 1H candle at 0.0315, consider taking profit early.

Deep Logic: Order book shows selling pressure concentrated above 0.0290, but buy depth is unusually strong in the 0.0288-0.0285 range, indicating active support from funds. Open interest remains stable, and although the price is declining, it hasn't triggered a liquidation, indicating a healthy correction. The key is whether the 1H timeframe can form a bullish engulfing pattern above 0.0288 to trigger a rebound. In a negative funding rate environment, any rapid rise could trigger a chain reaction of short covering.

View real-time market 👇 )
---

Follow me: Get more real-time analysis and insights on the crypto market! ()$BIO

‍$BTC $ETH