3 things I check before every trade (saved me from countless bad entries)
1️⃣ Volume confirming the move — a breakout without volume is usually a fakeout. Wait for confirmation.
2️⃣ Funding rates — if funding is overheated (very positive), longs are crowded and a squeeze is more likely. Check before you FOMO in.
3️⃣ Key support/resistance on the 4H — entering mid-range with no clear level nearby = bad risk/reward, even if the trade "feels right."
Not financial advice, just what's worked for me. Save this for your next trade 📌
What's your #1 rule before entering a position? 👇
#BinanceSquareTalks #crypto #trqding
1️⃣ Volume confirming the move — a breakout without volume is usually a fakeout. Wait for confirmation.
2️⃣ Funding rates — if funding is overheated (very positive), longs are crowded and a squeeze is more likely. Check before you FOMO in.
3️⃣ Key support/resistance on the 4H — entering mid-range with no clear level nearby = bad risk/reward, even if the trade "feels right."
Not financial advice, just what's worked for me. Save this for your next trade 📌
What's your #1 rule before entering a position? 👇
#BinanceSquareTalks #crypto #trqding
