$STRK - favoring the SHORT side (x15)
Unpopular opinion: $STRK longs are the ones paying to stay in this trade.
Funding sits at 0.005%, so longs pay shorts to keep positions open while price stalls. That cost builds every session they hold. The last 30-minute candle ran at 47% of normal volume, so few are rushing in. Price sits in the 0.064 zone, with the stop 2.2% away and the first target 2.3% out.
TRADE PLAN
Entry zone: 0.0636 - 0.0639 (ref 0.06381)
TP1: 0.0623 (+2.32%)
TP2: 0.061 (+4.40%)
TP3: 0.06 (+5.97%)
Stop loss: 0.0652 (-2.19%)
The first one already reached a target. This entry is worse than that one, so I am taking less size.
⚠️ Personal market insight, not investment advice. DYOR.
Unpopular opinion: $STRK longs are the ones paying to stay in this trade.
Funding sits at 0.005%, so longs pay shorts to keep positions open while price stalls. That cost builds every session they hold. The last 30-minute candle ran at 47% of normal volume, so few are rushing in. Price sits in the 0.064 zone, with the stop 2.2% away and the first target 2.3% out.
TRADE PLAN
Entry zone: 0.0636 - 0.0639 (ref 0.06381)
TP1: 0.0623 (+2.32%)
TP2: 0.061 (+4.40%)
TP3: 0.06 (+5.97%)
Stop loss: 0.0652 (-2.19%)
The first one already reached a target. This entry is worse than that one, so I am taking less size.
⚠️ Personal market insight, not investment advice. DYOR.