$NOW current price 141.66, down 1.7% in the past 24 hours. Funding is still positive at 0.00001799. The longs are losing on price while also paying funding fees—this is the most uncomfortable position. I didn’t see any major move in OI at 9097.13.
When trading political events, the biggest taboo is to stubbornly hold without a catalyst. There’s currently no verifiable headline. I won’t pursue this setup. If it breaks below 140, I’ll short again with a small position, stop loss at 142, and first target 138. If it reclaims above 144.1, I’ll abandon the bearish idea.
Trading tag: #TradFi #链上美股 #NOW
Where do you think this judgment is most likely to be wrong?
When trading political events, the biggest taboo is to stubbornly hold without a catalyst. There’s currently no verifiable headline. I won’t pursue this setup. If it breaks below 140, I’ll short again with a small position, stop loss at 142, and first target 138. If it reclaims above 144.1, I’ll abandon the bearish idea.
Trading tag: #TradFi #链上美股 #NOW
Where do you think this judgment is most likely to be wrong?