$DOS
The drop is quite interesting—within 15 minutes it slams a few points, yet the open interest shrinks. It’s plain to see the longs are backing off and deleveraging. Yes, a breakdown could also be real—don’t rush to chase. First see whether it can quickly reclaim the level. If it can’t, that’s when it really becomes dangerous. Control your hands—nothing is more important than that 🤨
The drop is quite interesting—within 15 minutes it slams a few points, yet the open interest shrinks. It’s plain to see the longs are backing off and deleveraging. Yes, a breakdown could also be real—don’t rush to chase. First see whether it can quickly reclaim the level. If it can’t, that’s when it really becomes dangerous. Control your hands—nothing is more important than that 🤨
