Funding just flipped negative on $AZTEC , but the tape shows sellers struggling to push it lower.

$AZTEC - SHORT

Trade Plan:

Entry: 0.02298 – 0.02334

SL: 0.02423

TP1: 0.02209

TP2: 0.02174

TP3: 0.02103

Why this setup?

The 0.02316 zone is where sellers are stepping in, but bids are absorbing the pressure. With the daily trend ranging and RSI on the 15m dipping into oversold, this move lacks conviction. Volume is elevated on the drop, but the negative funding suggests shorts are getting comfortable—often a contrarian signal. A clean break below 0.02298 opens the path to 0.02209.

Debate:

Do we sweep the 0.02209 liquidity first, or does this absorption lead to a squeeze?

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