Long $PNUT into 0.02785–0.02807 on the 4H.
Key is 0.0278. Buyers have to show up here or it bleeds to 0.0260. Funding is negative, so shorts are paying to sit on the other side.
LONG 0.02785–0.02807
TP 0.02915 / 0.02994 / 0.03112
SL 0.02598
Why it's on my radar:
• Funding -0.011%, shorts are paying to hold and the crowd sits on the other side
• 1H RSI 18. Reset, not stretched, so there's room for a bounce
• Risk 7.1% to SL vs 11.3% to TP3, about 1.6R if the full move plays out
Does 0.0278 hold, or do we flush to 0.0260?
Not advice. Your risk.
Key is 0.0278. Buyers have to show up here or it bleeds to 0.0260. Funding is negative, so shorts are paying to sit on the other side.
LONG 0.02785–0.02807
TP 0.02915 / 0.02994 / 0.03112
SL 0.02598
Why it's on my radar:
• Funding -0.011%, shorts are paying to hold and the crowd sits on the other side
• 1H RSI 18. Reset, not stretched, so there's room for a bounce
• Risk 7.1% to SL vs 11.3% to TP3, about 1.6R if the full move plays out
Does 0.0278 hold, or do we flush to 0.0260?
Not advice. Your risk.
