$AXL , this funding rate is rapidly approaching its maximum, and with so many positions during the pullback, if there is a stop at a key level, it can be considered to open a position, for example, around 0.52. You can also trade long around the trend line. At the same time, it can be combined with MACD; here, looking at the 5-minute chart is more appropriate. If too much time passes without aligning with price changes, switch to a larger timeframe.
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