【$PIEVERSE Signal】Pullback to go long, negative fee rate brewing for short squeeze

$PIEVERSE 1H level EMA20 and EMA50 death cross suppression, price pushed below 1.02. But the middle band of the 4H Bollinger Bands at 0.713 provides strong support, and MACD fast and slow lines are still above the zero line. The key point is the funding rate at -0.61%, with extremely high short position costs, yet the price has not further collapsed, and selling pressure is being continuously absorbed.

🎯Direction: Pullback order to go long

⚡Entry/Order: Hidden around 0.785

🛑Stop loss: 0.627

🚀Target 1: 1.100

🚀Target 2: 1.258

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Order book depth shows buy orders are 9.22% thicker than sell orders, with funds supporting at the 0.78 area below. Although the 1-hour MACD histogram is expanding, the price decline is accompanied by shrinking volume, indicating potential exhaustion of bearish momentum. In this negative fee environment, if the price can stabilize near the 4H middle band, it could easily trigger a short squeeze with a quick rebound. The risk-reward ratio exceeds 2:1, making it worthwhile to use a smaller position to attempt a short squeeze trade.

Check real-time market 👇 $PIEVERSE
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