$WAL LONG
Parabolic 24h rally with extreme overbought RSI, but negative funding rate (-0.71%) signals short squeeze fuel โ the trade here is a pullback entry, not a chase.
Trading Ideas Long WAL
Entry: 0.0480 - 0.0510
SL: 0.0440
TP1: 0.0575
TP2: 0.0620
TP3: 0.0700
trade WAL here :๐
Risk: A 1H close below 0.0440 invalidates the breakout structure and opens the door for a full retrace toward 0.0370. With 1H RSI already above 80, chasing the green candle is the fastest way to get liquidated on the next wick.
What do you think?
Would you take this setup, or wait for confirmation?
#Mr_Badshah77 $BSP $ZEREBRO
Parabolic 24h rally with extreme overbought RSI, but negative funding rate (-0.71%) signals short squeeze fuel โ the trade here is a pullback entry, not a chase.
Trading Ideas Long WAL
Entry: 0.0480 - 0.0510
SL: 0.0440
TP1: 0.0575
TP2: 0.0620
TP3: 0.0700
trade WAL here :๐
Risk: A 1H close below 0.0440 invalidates the breakout structure and opens the door for a full retrace toward 0.0370. With 1H RSI already above 80, chasing the green candle is the fastest way to get liquidated on the next wick.
What do you think?
Would you take this setup, or wait for confirmation?
#Mr_Badshah77 $BSP $ZEREBRO