【$MLN Signal】Long! 1H pullback confirmation, negative funding rate short squeeze market begins

$MLN The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback correction, with prices staying firmly above key moving averages. On the 4H chart, a strong bullish breakout of the previous consolidation range indicates the trend has shifted from weak to strong. The current negative funding rate is as high as -0.097%, with open interest remaining stable. Despite this, prices are unusually resilient, which is a typical sign of a short squeeze. Short sellers are paying high costs, and once buying momentum picks up, a rapid surge is highly likely.

🎯Direction: Long

⚡Entry/Order: 3.269 - 3.317

🛑Stop Loss: 3.180

🚀Target 1: 3.650

🚀Target 2: 3.850

🛡️Trade Management:

- Execution Strategy: When the price reaches 3.65 (Target 1), reduce position by 50%, and move the remaining stop loss up to the entry price of 3.317. If the price strongly breaks through 3.85, move the stop loss up to 3.65 to capture a larger move.

(Depth Logic: The 4H chart shows a volume spike and a V-shaped reversal at 3.127, which is a clear signal of main capital entering the market. The RSI on the 1H chart is in a healthy zone, with buy orders significantly thicker than sell orders, indicating strong support below. Open interest remains stable after the price surge, suggesting it’s not just short covering but new long positions entering. Combined with the negative funding rate, there is a strong market expectation of a short squeeze, and pullbacks are good entry points. )

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