$STXX 24 hours rose 5.24%, price 895.44. The on-chain US stock concept driven by Trump trading sentiment is moving.
Funding rate is 0, meaning longs and shorts are currently balanced with no one-sided positioning. This rise looks more like an event-driven pulse rather than a trend confirmation. In these kinds of event-driven pumps on contracts, it’s usually the first wave eating the later wave.
I believe most of the event premium has already been priced in. I’m taking a short bias: 5x leverage, stop-loss at 909 (at 1.5x the move), take-profit at 876 (at half the move), position size 10%.
Trading tag: #TradFi #链上美股 #STXX
Where do you think this setup is most likely to be wrong?
Funding rate is 0, meaning longs and shorts are currently balanced with no one-sided positioning. This rise looks more like an event-driven pulse rather than a trend confirmation. In these kinds of event-driven pumps on contracts, it’s usually the first wave eating the later wave.
I believe most of the event premium has already been priced in. I’m taking a short bias: 5x leverage, stop-loss at 909 (at 1.5x the move), take-profit at 876 (at half the move), position size 10%.
Trading tag: #TradFi #链上美股 #STXX
Where do you think this setup is most likely to be wrong?