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A lot of people are shorting #SAND. The funding rate was -0.5% and has now dropped to -0.2%. Keep adding to your shorts. Making an extra $500 a day from funding is still income.
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@MerlijnTrader A clean retest would be the real test of whether it’s still support.
I’m leaning toward a hold and bounce if we get the retest with declining volume or positive divergence, but a decisive break below on volume would flip the bias and open lower levels.
$1100 > $11K challenge.
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@TedPillows The bullish case still has legs on higher timeframes. BTC has reclaimed key weekly structure (including the 50-week MA earlier in the recovery) and is holding above the important $82k–$83k breakout zone that previously capped price.
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One of our 10,000 to 100,000 mega trade challenge is completed
Done $100k massive win
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$ADA – SHORT
Entry: 0.2443
Targets:
0.2418
0.2372
0.2328
0.2201
Stop Loss: 0.2565
After the first take profit, move the stop loss to entry.
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