Stared at $FORM for a while; the volume/liquidity is relatively solid this round.
24h +3.36%, current price 0.31080, previous high 0.31320, amplitude 6.2%.
I tried going long near 0.31080, with stop-loss at 0.30669 (1.32%), target at 0.31901, and the risk-reward is roughly 2.0 to 1.
Funding rate is 0.0050%, not crowded.
At this kind of setup, the risk-reward is suitable, but the position size can’t be heavy.
I’m making this trade at this level—whether I profit or lose is all on me.
On the same screen, I’m also watching: $CELR $ORDI
#币安广场 #Market analysis
24h +3.36%, current price 0.31080, previous high 0.31320, amplitude 6.2%.
I tried going long near 0.31080, with stop-loss at 0.30669 (1.32%), target at 0.31901, and the risk-reward is roughly 2.0 to 1.
Funding rate is 0.0050%, not crowded.
At this kind of setup, the risk-reward is suitable, but the position size can’t be heavy.
I’m making this trade at this level—whether I profit or lose is all on me.
On the same screen, I’m also watching: $CELR $ORDI
#币安广场 #Market analysis
