$UNITREE
Up about +12.6%, yet the funding rate has plunged to around −0.78%—shorts are paying, so don't chase the price here.
Current price around 77.87; 24h high around 82, low around 68.2.
Notional open interest up about +10%, while contract count is down about −2%; this funding settlement is around −0.78%.
Bias: Lean bullish and wait for a pullback; don't chase at the current price.
Aggressive: Try a small long on a pullback to 74–75; stop-loss at 71 (about −5%), with 80 as the first target.
Conservative: If volume contracts, wait to scale in around 72; stop-loss at 69 (about −4%), with 78 as the first target and 82 in view for the rest.
Will 74 get tagged first, or will 82 be reached first?
Note: This analysis is for reference only and does not constitute investment advice!
#UNITREE #FundingRate
Up about +12.6%, yet the funding rate has plunged to around −0.78%—shorts are paying, so don't chase the price here.
Current price around 77.87; 24h high around 82, low around 68.2.
Notional open interest up about +10%, while contract count is down about −2%; this funding settlement is around −0.78%.
Bias: Lean bullish and wait for a pullback; don't chase at the current price.
Aggressive: Try a small long on a pullback to 74–75; stop-loss at 71 (about −5%), with 80 as the first target.
Conservative: If volume contracts, wait to scale in around 72; stop-loss at 69 (about −4%), with 78 as the first target and 82 in view for the rest.
Will 74 get tagged first, or will 82 be reached first?
Note: This analysis is for reference only and does not constitute investment advice!
#UNITREE #FundingRate