【$MINA Signal】Pullback to Long: 1H Oversold Rebound, Main Force Protecting the Market Under Negative Funding Rate

$MINA The 1H price hovers narrowly around 0.0543, having broken below the short-term moving average. RSI is at 38.4, indicating the short-term is in oversold territory. The 4H timeframe remains in a downtrend, but open interest remains stable, not decreasing with the price, and the funding rate is negative, implying that bears need to pay fees, with a risk of short squeeze. Order book data shows sell orders stacking above 0.0544, while buy orders are deep in the 0.0542-0.0541 range, forming a local support. The current price is close to the optimized entry zone, making it a good opportunity to position for a rebound.

🎯Direction: Long

⚡Entry/Orders: Enter in batches within the 0.05373 - 0.05427 range

🛑Stop Loss: 0.05320

🚀Target 1: 0.05520

🚀Target 2: 0.05600

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position for profit. If the price cannot hold above 0.0548 (1H EMA20), exit all positions.

(Depth Logic: The price is falling but open interest remains stable, indicating it’s not major selling but rather passive closing by longs. In a negative funding rate environment, short positions become more costly. Once a bullish hidden divergence appears on the 1H RSI or buy order depth intensifies, a quick rebound is likely. The key is whether the price can regain above the 1H EMA20 at 0.0548, which signals a short-term shift to strength. )

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