$STEEM Signal】Negative funding rate support + 4H bullish trend retracement to go long


$STEEM 4H Bollinger Band upper band has broken, after reaching a high of 0.068, it retraced to 0.0647, 1H MACD histogram shortened but still above zero. Funding rate -0.94% indicates crowded shorts, buy depth ratio of 1.16 shows support below is acceptable. RSI 4H at 80.9 in overbought zone, but a pullback is releasing some pressure. Current risk-reward ratio is average, but the potential for short squeeze under negative funding rate is worth betting on.

🎯Direction: Long (buy on retracement)

⚡Entry/Order: Buy low in the 0.05872 - 0.06437 range, suggest placing an order around 0.0590

🛑Stop loss: 0.05731

🚀Target 1: 0.06468

🚀Target 2: 0.06493

🛡️Trade management: - Reduce 50% at Target 1, move stop loss to 0.0590 to break even. If price drops below 0.0587, exit.

Depth logic: 4H bullish trend continues, 1H retracement with decreasing volume, high short funding rate may trigger squeeze. Watch support strength in the 0.0625-0.0630 area; if it stabilizes, a second test of the previous high is possible.

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