【$APE Signal】Pullback with multiple entries, wait for deep retracement

$APE Funding rate -0.36%, extremely high risk of short squeeze, but 1H RSI soaring to 90, clear gap in buying volume, price far above the upper Bollinger Band, short-term pullback is strongly needed. In such extreme market conditions, chasing longs offers a poor risk-reward ratio; it's better to patiently wait for a deep retracement.
Wait for a pullback near 0.1333 to go long, set stop loss at 0.1134, first target at 0.1729, after reaching that, look at 0.1928. Reduce positions and move stop loss to protect capital.
Depth logic: 4H MACD is still expanding, but 1H has frequent upper shadows, indicating waning buying momentum; negative funding rate has accumulated a large number of shorts, and if the pullback accelerates, short covering will intensify the decline. However, around 0.13 below is the middle band of the 4H Bollinger Bands and a previous area of concentrated chips, providing strong support. Overall, doing a left-side entry here is safer than chasing the rally, with a risk-reward ratio of about 1:3.
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