$TAKE 🚨 TAKE JUST PULLED OUT AN EPIC CANDLE UP +250%, BUT THE BEARS HAVEN'T ADMITTED DEFEAT YET
A 4-hour candle, surged from 0.061 to 0.2147, and the current price is around 0.198.
But the most ruthless part in the data isn’t the % increase—it’s these three sets of numbers:
📌 Trading volume: This 4h candle traded about $195 million. Not a quiet squeeze with low volume—this was a volume-backed hard push
📌 Funding rate: -0.0042% (annualized -15.3%)—price has jumped 3x, yet the funding rate is negative. The bears are still digging in
📌 Long/short ratio: 0.74—over 57% of people are shorting against the trend
Translate it: It’s up 250%, and most people are still shorting. This is textbook-style short-squeeze structure—every rebound forces shorts to liquidate to cover. The fuel might not be fully burned yet.
$$TAKE
⚠️ OI is currently about $16.79 million. The market cap is small, so even tiny fluctuations get amplified in both directions.
A 4-hour candle, surged from 0.061 to 0.2147, and the current price is around 0.198.
But the most ruthless part in the data isn’t the % increase—it’s these three sets of numbers:
📌 Trading volume: This 4h candle traded about $195 million. Not a quiet squeeze with low volume—this was a volume-backed hard push
📌 Funding rate: -0.0042% (annualized -15.3%)—price has jumped 3x, yet the funding rate is negative. The bears are still digging in
📌 Long/short ratio: 0.74—over 57% of people are shorting against the trend
Translate it: It’s up 250%, and most people are still shorting. This is textbook-style short-squeeze structure—every rebound forces shorts to liquidate to cover. The fuel might not be fully burned yet.
$$TAKE
⚠️ OI is currently about $16.79 million. The market cap is small, so even tiny fluctuations get amplified in both directions.