After Breaking 100: Shorts Surrender—Is Unitree at 104 Near the Top or Just Halfway Up?
Unitree surged 18% intraday, as expectations for the Physical AI Conference combined with the H2-X robot going viral to ignite market sentiment. Binance perpetual futures funding rates plunged to an extreme -1.16%, triggering a wave of short liquidations and driving the short squeeze even higher.
In the short term, 98–100 is a major resistance zone, and the RSI is severely overbought, making chasing longs poor value right now. But shorting recklessly with funding rates this negative also carries the risk of a sharp spike. This looks more like high-level consolidation and shakeout than an imminent top.
Trading approach: Aggressive traders can try a small short position near 100. More cautious traders should wait for a high-volume break below 95 and confirmation of weakness before joining the short side, with an initial target below 90.
Is this short squeeze really over? Follow me to track unusual funding-rate moves, analyze liquidation levels, and catch turning points as they happen.
#股票财报季 $UNITREE
Unitree surged 18% intraday, as expectations for the Physical AI Conference combined with the H2-X robot going viral to ignite market sentiment. Binance perpetual futures funding rates plunged to an extreme -1.16%, triggering a wave of short liquidations and driving the short squeeze even higher.
In the short term, 98–100 is a major resistance zone, and the RSI is severely overbought, making chasing longs poor value right now. But shorting recklessly with funding rates this negative also carries the risk of a sharp spike. This looks more like high-level consolidation and shakeout than an imminent top.
Trading approach: Aggressive traders can try a small short position near 100. More cautious traders should wait for a high-volume break below 95 and confirmation of weakness before joining the short side, with an initial target below 90.
Is this short squeeze really over? Follow me to track unusual funding-rate moves, analyze liquidation levels, and catch turning points as they happen.
#股票财报季 $UNITREE
