FF, this alert is sounding again. The 24h drop is 4.58%, and the current price is 0.13138. The direction pushed by that sleep-awakening move from 13.8 hours ago is still continuing; it’s the second time in the past 24h moving in the same direction, indicating the short-seller tempo hasn’t broken.

First, cool down the situation with the volume: the volume ratio is only 0.2x. That 5m candle did rise by +4.0% with volume of 49.6×, but it’s just a short-cycle pulse—on the daily timeframe there’s essentially no volume. This kind of low-volume, slow descent is the most tiring: it’s not panic selling; it’s that nobody is stepping in to buy. Both MA7 and MA25 are above at 0.13157, and the price is hovering under the moving averages. The short-term bearish setup is in order, and the structure is rather weak.

Looking at the position, the current price is 0.14204 from the 24h high, with another 8.11% of room to go; it is 0.12095 from the low, only 7.94% away. In other words, the downside is closer than the upside. RSI is 37—it's not yet in the extreme oversold zone, and there is still room for further downside grinding. Support is at 0.1297, resistance at 0.13269. Right now the price is stuck in the middle but slightly below—an awkward spot.

This contract side is even less interesting. The open interest change is only +0.01%, basically treading water, with the funding rate at 0.0050%—a balance between longs and shorts. No one is adding to short positions, and no one is bottom-fishing. This is a typical battle over existing positions; don’t expect a sudden V-shaped reversal right here.

Idea: don’t get involved this round—don’t catch a falling knife. If you really want to trade, wait for a pullback to 0.1297, confirm it holds, then try a small long position. Place the stop loss below 0.1285. The target is around 0.13269 near the resistance level; when it gets there, reduce first. Or simply wait until there’s a breakout with volume and it holds above the MA7—low-volume rebounds are just helping carry the sedan.

That’s all for now. Everyone, mind the risks.

Quick data check: current price 0.13138 | 24h -4.58% | volume ratio 0.2 | RSI 37 | fee rate 0.0050%

— 12:36 screen notes