SAMSUNG is now around 162u. This spot feels a bit contradictory, so I lean toward watching first.
The price has already dropped below the double moving averages, and within the last 24 hours it’s still green—down by nearly 3%. But after hitting the low at 161.9, it didn’t keep getting smashed lower. In the recent 4-hour candles, price has mostly been grinding right around here. For now, that low is holding steady.
What’s interesting is the order book: the buy-side depth is much thicker than the sell-side depth, with a ratio around 1.6 versus 1. Below there is support—it's not the kind of level that gets pierced with one sell pressure. On the futures side, open interest is shrinking; over the last 7 hours it dropped by more than 5 points, and the shorts also haven’t been adding aggressively.
What really catches my attention is the activity of the big players: within the past 7 hours, the whales’ long-position share has been pushed up by nearly 10%, with longs being tested in batches at this level. But the problem is that on the spot market, the net inflow of big orders is still zero—there’s no real money entering to confirm.
So the current situation is: the low has been defended, and the big players are testing longs, but the capital hasn’t truly started flowing back yet. Chasing longs from here has mediocre cost-performance, and it’s not the time when the shorts should be in a rush.
My stance: observe first. The key is whether the 161.9 low can hold, and when the spot capital will catch up. If it holds and volume comes in, then we can talk about a rebound. If it breaks down, then we’ll discuss something else.
#samsung $SAMSUNG