$SAGA A single line drops from 0.0331 to 0.0252—over 24 hours it falls 19%, but the trading value is only 85 million. Typical “volume expansion not enough,” using the drawdown to make up for it.
The rate is -0.96%, daily compounded is -2.88%, and the annualized figure directly burns the principal—short sellers have their costs hard in hand with no way around it.
A drop with increased volume plus a negative depth-rate means the shorts are still actively applying pressure. Next either it breaks straight through 0.025 to find a bottom, or it trades sideways for a while before choosing a direction. Set your stop-loss at 0.0228—first watch whether 0.0190 can hold.
$SAGA
#SAGA
The rate is -0.96%, daily compounded is -2.88%, and the annualized figure directly burns the principal—short sellers have their costs hard in hand with no way around it.
A drop with increased volume plus a negative depth-rate means the shorts are still actively applying pressure. Next either it breaks straight through 0.025 to find a bottom, or it trades sideways for a while before choosing a direction. Set your stop-loss at 0.0228—first watch whether 0.0190 can hold.
$SAGA
#SAGA