MUBARAK is down 32%.
The moment most people see -32% and start to panic is exactly when market makers are collecting positions.
Today, the high of 0.0873 got slammed down to 0.0500—amplitude 74%, and trading volume of 5.04 million U.
FR 0.0050%—balanced between longs and shorts, with no crowding.
My view: Wait and see. After a 32% drop, it bounced 8%, but it hasn’t reached my entry zone.
I’ve seen too many markets like this.
🌿 Zhao Xingbu Xuan | Not investment advice
#MUBARAK #Futures trading
Will you follow this unusual move? Comment with your take
The moment most people see -32% and start to panic is exactly when market makers are collecting positions.
Today, the high of 0.0873 got slammed down to 0.0500—amplitude 74%, and trading volume of 5.04 million U.
FR 0.0050%—balanced between longs and shorts, with no crowding.
My view: Wait and see. After a 32% drop, it bounced 8%, but it hasn’t reached my entry zone.
I’ve seen too many markets like this.
🌿 Zhao Xingbu Xuan | Not investment advice
#MUBARAK #Futures trading
Will you follow this unusual move? Comment with your take