$HOOD currently reported 109.37, up 5.184% in the past 24 hours. The funding rate is 0.00034523, positive: longs pay shorts, and the positioning is crowded. As the price rises, funding remains positive; chasing higher prices is accumulating, and overhead pressure is clearly evident.
I think it’s difficult for the short term to go up, so I’m preparing to short. The counterargument is that continuous buy-side demand could break through, but once the longs are forced to liquidate, the sell-off could accelerate.
Action: short HOOD with 5x leverage. Stop-loss at 112 (about 2.5% above the price). Take-profit at 105 (about 4% below the price). Position size: test with 5% of funds. If the price holds above 112, I will admit defeat and exit.
Trade tag: #TradFi #链上美股 #HOOD
Where do you think this setup is most likely to be wrong?
I think it’s difficult for the short term to go up, so I’m preparing to short. The counterargument is that continuous buy-side demand could break through, but once the longs are forced to liquidate, the sell-off could accelerate.
Action: short HOOD with 5x leverage. Stop-loss at 112 (about 2.5% above the price). Take-profit at 105 (about 4% below the price). Position size: test with 5% of funds. If the price holds above 112, I will admit defeat and exit.
Trade tag: #TradFi #链上美股 #HOOD
Where do you think this setup is most likely to be wrong?