$UNI I’m taking a small hedge short here
The token has done around 3.5x in one month, with 2 days of volume saturation above $1B on Binance Futures.
And now we’re approaching the $10 resistance.
For me, this short isn’t a bet that I’m going to “catch the top.”
I’m simply using it as a hedge to reduce my net long exposure.
After such a strong move, I’d rather protect part of my exposure than keep chasing the upside.
I could be wrong, of course. If $UNI keeps going higher, my overall exposure is structured so that this hedge can help protect me.
Bref, no top-picking. Just risk management.
Stay cautious, especially after such a fast move.
#trading
The token has done around 3.5x in one month, with 2 days of volume saturation above $1B on Binance Futures.
And now we’re approaching the $10 resistance.
For me, this short isn’t a bet that I’m going to “catch the top.”
I’m simply using it as a hedge to reduce my net long exposure.
After such a strong move, I’d rather protect part of my exposure than keep chasing the upside.
I could be wrong, of course. If $UNI keeps going higher, my overall exposure is structured so that this hedge can help protect me.
Bref, no top-picking. Just risk management.
Stay cautious, especially after such a fast move.
#trading
