$NIL 1 hours active buying and selling versus 0.563; the price dropped from 0.08777 to 0.08415—sell orders are almost double the buy orders. This drop was hammered down!

Position value is 7.7777 million, down 4.46% over 1 hour. It looks more like long liquidation to exit rather than fresh shorts entering; the fee rate is +0.005%, so long costs are very light. Volume is only 0.6x the 24h average hourly level. It fell hard but didn’t expand volume, so chasing shorts isn’t a great deal.

If it doesn’t reclaim 0.08777, a bearish interpretation holds. But if it stabilizes above the 24h low of 0.08231, this view is invalidated.

#NIL