EWY just tanked 9.27% down to 175.55, and the funding rate is sitting at zero, with both bulls and bears in a standoff. Trump is throwing around threats of increasing tariffs on Asia, which has sparked bearish sentiment in Korean export stocks, with EWY being hit the hardest. Open interest is still at 82,000, indicating that short positions haven't been closed yet, and the pressure to sell is still there. I'm taking a small short position, going bearish, using 1x leverage, with a stop loss set at 180 and aiming for a take profit at 170, trying out a $2000 position.

Trading tags: #BinanceFutures #TradFi #USDⓈM #EWY #EWYUSDT $EWY