My $ONG Trade Outlook: Funding Payments Are Part of the Bigger Picture 📊
At first glance, the unrealized PNL on this position doesn’t look great. But trading is not always about the number shown on the screen at one moment.
With funding currently settling every hour, holding a LONG position at these rates can generate additional returns over time. Those payments are reflected once the position is closed, which means the final result may differ from the current PNL.
Of course, market conditions can change quickly, and risk management always comes first. I’m watching both price action and funding dynamics closely.
What’s your view — can funding income outweigh temporary losses in a setup like this? 🤔
#ONGCOIN #ONGCOIN
At first glance, the unrealized PNL on this position doesn’t look great. But trading is not always about the number shown on the screen at one moment.
With funding currently settling every hour, holding a LONG position at these rates can generate additional returns over time. Those payments are reflected once the position is closed, which means the final result may differ from the current PNL.
Of course, market conditions can change quickly, and risk management always comes first. I’m watching both price action and funding dynamics closely.
What’s your view — can funding income outweigh temporary losses in a setup like this? 🤔
#ONGCOIN #ONGCOIN
