#US This order book’s bid side is insanely thin—spot limit orders are selling and the sell side is barely more than two percent, and one hit just breaks through. What if it surged 47% in 24 hours? In just four hours it dropped 9.5% straight: it bled all the way from the 0.0403 high to 0.0298, and the bulls couldn’t even hold the 20-line. Open interest in the contracts is shrinking too—how are they supposed to keep going? Structure comes first; the rebound is already dead on the road. Short directly at the current price 0.0298, target 0.0189, stop loss 0.0320. The structure is out in the open—don’t talk to me about a rebound. With the bids looking like this, any rebound is just delivering food to the shorts.