$FLNC : DCA ladder against vampire funding
I take the FLNC bounce off the lower edge of the wedge. The setup is strict: 15% of volume at market ($7.02), 25% with a limit at $6.70, and 50% on the wick at $6.50. Stop is under the wedge at $6.30. Take profit is $13.80 (POC/VPVR, R:R > 1:5).
The main enemy is prolonged funding. If the price gets stuck in the range, the carry fee will eat the profit before the take-profit.
I need a sharp squeeze to flush shorts, not sitting through a sideways chop. No momentum—I'll cut the position without sentiment.
I take the FLNC bounce off the lower edge of the wedge. The setup is strict: 15% of volume at market ($7.02), 25% with a limit at $6.70, and 50% on the wick at $6.50. Stop is under the wedge at $6.30. Take profit is $13.80 (POC/VPVR, R:R > 1:5).
The main enemy is prolonged funding. If the price gets stuck in the range, the carry fee will eat the profit before the take-profit.
I need a sharp squeeze to flush shorts, not sitting through a sideways chop. No momentum—I'll cut the position without sentiment.
