$BEAT is down 59% today and sitting at the lows, yet longs still outnumber shorts 57/43.
$1.7M just piled into positions in the last hour on a coin that's already been cut in half. that's not a squeeze setup, that's people catching a falling knife and calling it conviction.
funding's basically flat so nobody's getting paid to hold either side, they're just both betting on a bounce that hasn't shown up yet. $10.5M in open interest on a microcap in freefall is how accounts get wiped in an afternoon.
NFA, this is a graveyard shift not a dip buy
$1.7M just piled into positions in the last hour on a coin that's already been cut in half. that's not a squeeze setup, that's people catching a falling knife and calling it conviction.
funding's basically flat so nobody's getting paid to hold either side, they're just both betting on a bounce that hasn't shown up yet. $10.5M in open interest on a microcap in freefall is how accounts get wiped in an afternoon.
NFA, this is a graveyard shift not a dip buy