$BARD Signal】Long - 1H Pullback Confirmation, Negative Funding Rate Short Squeeze Play



$BARD The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback correction, with the price supported at the key psychological level of 1.0. A single pillar on the 4H chart confirms an upward trend, with open interest stable and a high negative funding rate of -0.19%, indicating a strong short squeeze expectation. The 1H RSI has retreated from overbought levels to 63.7, gathering strength for another upward move.

🎯Direction: Long (Long)

⚡Entry/Order: 1.0010 - 1.0030

🛑Stop Loss: 0.9870

🚀Target 1: 1.0350

🚀Target 2: 1.0700

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and lock in profits, while moving the remaining position’s stop loss up to the entry price of 1.0030. If the price strongly breaks through 1.0350, move the remaining stop loss up to 1.0250 to continue aiming for the second target.

(Depth Logic: A single 4H candle with a gain of over 23% signals strong participation by major funds, not retail traders. Although current buy-side depth is slightly advantageous, the extremely high negative funding rate indicates very high short positions costs, and any stabilization in price could trigger short covering squeezes. The 1H chart is oscillating above the EMA20 (0.9683), indicating a strong correction, and pullbacks are opportunities. )

Check real-time quotes 👇 $BARD

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