The setup favors a short position, with the broader trend remaining bearish and the 4-hour chart still showing room for further downside. Enter within the specified zone and manage your risk accordingly.
4/ SpaceX was the most traded pre-IPO market with $305M in volume in May 2026 🔵
• $SPCX held 43.55% of pre-IPO perps volume, ahead of its June 12 Nasdaq listing. • SpaceX, OpenAI and Anthropic together made up 95.62% of the month's volume.
3/ Tokenized equity perps volume in 2026 has surpassed all of 2025 🟢
• Volume grew nearly 40x from $831.17M in July 2025 to $34.00B in May 2026. • $NVDA , $TSLA and $MU lead as the most traded tickers, with MU spiking 17x from $736.21M to $13.16B.
The setup favors a short position, aligned with the higher-timeframe downtrend while the 4-hour chart continues to support bearish momentum. Look for entries within the specified zone and manage your risk accordingly.
Entry Zone: $0.0595 – $0.0605 Take Profit 1: $0.0560 Take Profit 2: $0.0530 Take Profit 3: $0.0500 Stop Loss: $0.0635
Planning to enter a short position within the specified entry zone. Stay disciplined with your risk management and consider taking partial profits at each target while adjusting your stop loss as the trade moves in your favor.