$ENA - SHORT opportunity (x15)
0.005%. Longs are paying to stay.
Funding sits positive at 0.005%, so every long is bleeding a little just to hold the trade. That is a cost paid for a position the price action is not rewarding.
The setup is still conditional, though, since price sits about 0.4% under the entry zone and nothing there has triggered. Until price reaches 0.17, the picture stays open.
Does this funding print look like stubborn conviction to you, or just cost?
Setup:
Entry: 0.17–0.171
TP1: 0.167
TP2: 0.163
TP3: 0.159
SL: 0.175
⚠️ Personal market insight, not investment advice. DYOR.
0.005%. Longs are paying to stay.
Funding sits positive at 0.005%, so every long is bleeding a little just to hold the trade. That is a cost paid for a position the price action is not rewarding.
The setup is still conditional, though, since price sits about 0.4% under the entry zone and nothing there has triggered. Until price reaches 0.17, the picture stays open.
Does this funding print look like stubborn conviction to you, or just cost?
Setup:
Entry: 0.17–0.171
TP1: 0.167
TP2: 0.163
TP3: 0.159
SL: 0.175
⚠️ Personal market insight, not investment advice. DYOR.
