$INIT squeeze setup, target $0.146. Below $0.13 I'm wrong.
Price dropped 28.7% in 24h to $0.1335 and open interest collapsed 31.5% over the same window. The crowd flipped after that. Retail long/short ratio sits at 0.4575 with 68.6% of accounts short, funding is -0.0239% per 4h, and open interest is back up 2.6% in the last hour.
Price has held between 0.1326 and 0.1423 since midnight while shorts pay to hold. That is squeeze fuel, not strength.
Which comes first, $0.146 or $0.13?
Price dropped 28.7% in 24h to $0.1335 and open interest collapsed 31.5% over the same window. The crowd flipped after that. Retail long/short ratio sits at 0.4575 with 68.6% of accounts short, funding is -0.0239% per 4h, and open interest is back up 2.6% in the last hour.
Price has held between 0.1326 and 0.1423 since midnight while shorts pay to hold. That is squeeze fuel, not strength.
Which comes first, $0.146 or $0.13?
