The PRL chart’s spike-and-retrace pattern was already answered by the order book—right now the price is down nearly 10% from the 24-hour high. The sell-side resting orders are stacked thickly, consistently pressing over the buy-side; no matter how tightly the bid-ask spread is squeezed, it can’t hide how thin the orders beneath are. On the contract side, the fee rate is sampled eight times and turns positive every time; riding right at the upper limit of the range, the more interest the longs pile on to hold their positions, the less the price can even take that half-step back toward the highs. This setup is longs raising the sedan for shorts—don’t reach out to catch the bottom; if you do, you’ll be taking the last baton.