Everyone's asking how high $4 goes. Almost nobody's asking where they'd get liquidated.
$4 perp at $0.0240, +16.43%, 20M volume, open interest 455.3M contracts.
Resistance $0.0243 then $0.0247
Support $0.0202 then $0.0184, deeper $0.0169
7d range $0.0169 to $0.0247, 20D avg $0.0201, price above
Funding 0.0266%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.0202 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +16.43%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#4 #Futures
$4 perp at $0.0240, +16.43%, 20M volume, open interest 455.3M contracts.
Resistance $0.0243 then $0.0247
Support $0.0202 then $0.0184, deeper $0.0169
7d range $0.0169 to $0.0247, 20D avg $0.0201, price above
Funding 0.0266%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.0202 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +16.43%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#4 #Futures