$ZORA went from 0.006182 to 0.009473 directly—an amplitude of 53%. This one bullish candle covered in a single day what took others a whole month.
Trading volume: 68 million. The turnover rate is ridiculously high—meaning it looks like there are both people distributing and people taking in.
But the fee rate is showing you a grimace—-0.2451%. Shorts are paying money to longs; the annualized figure is -93.2%. Prices are surging hard, yet the fee rate is negative so badly. This suggests the shorts are getting buried alive—most likely a spot-driven pump plus a small amount of short positions hard-holding.
Support is at 0.0082. The previous low at 0.006182 is the lifeline. If it breaks, don’t talk about conviction anymore.
Above 0.011–0.012 is a high-density zone of positions. Don’t expect to swallow it all at once.
I won’t chase from here, but I’ll admit the main force has strong control over the tape.🚨
If you agree, give me a thumbs up and let’s see how many people think the same way as I do.
#ZORA
Trading volume: 68 million. The turnover rate is ridiculously high—meaning it looks like there are both people distributing and people taking in.
But the fee rate is showing you a grimace—-0.2451%. Shorts are paying money to longs; the annualized figure is -93.2%. Prices are surging hard, yet the fee rate is negative so badly. This suggests the shorts are getting buried alive—most likely a spot-driven pump plus a small amount of short positions hard-holding.
Support is at 0.0082. The previous low at 0.006182 is the lifeline. If it breaks, don’t talk about conviction anymore.
Above 0.011–0.012 is a high-density zone of positions. Don’t expect to swallow it all at once.
I won’t chase from here, but I’ll admit the main force has strong control over the tape.🚨
If you agree, give me a thumbs up and let’s see how many people think the same way as I do.
#ZORA