๐ฅ $QNT Funding rate at -0.18% โ shorts are paying us to hold
Hereโs an interesting data point: the QNT perpetual contract funding rate is -0.1807%, which means shorts are paying longs every hour. But the price hasnโt accelerated downward โ what does that tell us? Fuel for a short squeeze is building up.
๐ My contract trading plan:
Long entry: 253โ258
Take profit 1: 268 | Take profit 2: 273
Stop loss: 248
Rationale: Negative funding rate + crowded shorts + price not falling = signs of a potential squeeze. Donโt chase the price; only go long on a pullback.
โ ๏ธ Perpetual contract trading is extremely risky. DYOR. This is not investment advice.
#QNT #ContractLevels #ๅธๅฎๅนฟๅบๅพๆๆดปๅจ $QNT
Hereโs an interesting data point: the QNT perpetual contract funding rate is -0.1807%, which means shorts are paying longs every hour. But the price hasnโt accelerated downward โ what does that tell us? Fuel for a short squeeze is building up.
๐ My contract trading plan:
Long entry: 253โ258
Take profit 1: 268 | Take profit 2: 273
Stop loss: 248
Rationale: Negative funding rate + crowded shorts + price not falling = signs of a potential squeeze. Donโt chase the price; only go long on a pullback.
โ ๏ธ Perpetual contract trading is extremely risky. DYOR. This is not investment advice.
#QNT #ContractLevels #ๅธๅฎๅนฟๅบๅพๆๆดปๅจ $QNT