$ADA - SHORT conviction building (x30)
Why do shorts have to pay to stay short on $ADA?
TRADE PLAN
Entry zone: 0.2195 - 0.2199 (ref 0.21976)
TP1: 0.2175 (+1.03%)
TP2: 0.2158 (+1.80%)
TP3: 0.2141 (+2.58%)
Stop loss: 0.2219 (-0.95%)
Funding sits at 0.0027%, so short holders pay long holders just to keep the trade open. That makes the short side costly, and it is the main risk against this idea. Price is still inside the entry zone at 0.22, with the stop and first target each 1.0% away.
⚠️ Personal market insight, not investment advice. DYOR.
Why do shorts have to pay to stay short on $ADA?
TRADE PLAN
Entry zone: 0.2195 - 0.2199 (ref 0.21976)
TP1: 0.2175 (+1.03%)
TP2: 0.2158 (+1.80%)
TP3: 0.2141 (+2.58%)
Stop loss: 0.2219 (-0.95%)
Funding sits at 0.0027%, so short holders pay long holders just to keep the trade open. That makes the short side costly, and it is the main risk against this idea. Price is still inside the entry zone at 0.22, with the stop and first target each 1.0% away.
⚠️ Personal market insight, not investment advice. DYOR.