$HYPE - SHORT trade idea (x20)
$HYPE only holds up if longs keep paying to stay in.
Funding at 0.005% means longs pay shorts just to keep positions open, so holding costs money while price sits still. What gets me is the wait for 76.8, since price has not reached it yet.
Does this positive funding read as longs staying stubborn to you?
Setup:
Entry: 76.8–76.87
TP1: 75.77
TP2: 74.92
TP3: 73.64
SL: 77.9
Price move: stop -1.4% · first target +1.4% · last target +4.2%
⚠️ Personal market insight, not investment advice. DYOR.
$HYPE only holds up if longs keep paying to stay in.
Funding at 0.005% means longs pay shorts just to keep positions open, so holding costs money while price sits still. What gets me is the wait for 76.8, since price has not reached it yet.
Does this positive funding read as longs staying stubborn to you?
Setup:
Entry: 76.8–76.87
TP1: 75.77
TP2: 74.92
TP3: 73.64
SL: 77.9
Price move: stop -1.4% · first target +1.4% · last target +4.2%
⚠️ Personal market insight, not investment advice. DYOR.
