Bulls are paying up, price is leaking 5%, EWY is no longer slow-cooked, it's getting scorched. As soon as the peninsula gets a spark, this ETF kneels in respect. The funding rate of 0.0005536 is no longer just a cost, it's a fear tax. Holding onto these longs is definitely hot; if it breaks 190, I'm gonna cut 70% and keep a bit for the base. If we rebound and hit the 197-200 zone, I'll try to open a small short, using 2x leverage with a stop loss at 205 and a take profit eyeing around 180. Gonna lighten my position as a hedge against geopolitical risks.
Trading Tags: #BinanceFutures #TradFi #USDⓈM #EWY #EWYUSDT $EWY
Trading Tags: #BinanceFutures #TradFi #USDⓈM #EWY #EWYUSDT $EWY