$KORU rose 11% to 22.81, with trading volume at 464 million and open interest also rising to 2.23 million.
This is a single-signal judgment: price rising, open interest increasing, and funding rate returning to zero. These three data points indicate that the upward move is being driven by actual capital entering the market, rather than just a sentiment pulse. A zero funding rate means neither longs nor shorts are paying the other side at the moment; costs are balanced, with no extreme crowding on either side.
For a futures structure like this, the best approach is not to chase, but to wait for a pullback. I would place a long order around 22.3, cut the loss if it breaks 21.8, and increase the position directly to 50%. Take profit first at 24.5.
The counterargument is that if the increase in open interest is a bull trap, then after this rally there will be no follow-up buying, and the price has to fall back to 21. If that happens, my judgment fails, and I will exit if it drops below 21.8.
Trading tag: #TradFi #链上美股 #KORU
Where do you think this setup is most likely to be wrong?
This is a single-signal judgment: price rising, open interest increasing, and funding rate returning to zero. These three data points indicate that the upward move is being driven by actual capital entering the market, rather than just a sentiment pulse. A zero funding rate means neither longs nor shorts are paying the other side at the moment; costs are balanced, with no extreme crowding on either side.
For a futures structure like this, the best approach is not to chase, but to wait for a pullback. I would place a long order around 22.3, cut the loss if it breaks 21.8, and increase the position directly to 50%. Take profit first at 24.5.
The counterargument is that if the increase in open interest is a bull trap, then after this rally there will be no follow-up buying, and the price has to fall back to 21. If that happens, my judgment fails, and I will exit if it drops below 21.8.
Trading tag: #TradFi #链上美股 #KORU
Where do you think this setup is most likely to be wrong?