$ARIA up 19.4% in 24h on 110M USD of perp volume, and I'm fading it. Target $0.198, invalidation above $0.2284.
Here is the tape. Funding pays longs +0.128% every 4 hours, and open interest is up 41% over 24h to about 25M USD. That is fresh leverage paying up for a move that already ran. Price last $0.2135. A close above $0.2284 and I'm wrong.
Which comes first, $0.198 or $0.2284?
Here is the tape. Funding pays longs +0.128% every 4 hours, and open interest is up 41% over 24h to about 25M USD. That is fresh leverage paying up for a move that already ran. Price last $0.2135. A close above $0.2284 and I'm wrong.
Which comes first, $0.198 or $0.2284?
