$GTC 1Up 7.27 points in an hour.
Hourly volume is only 1.6x, so the move isn't especially convincing.
Funding rate is -0.155%; shorts are still paying to stubbornly hold their positions.
The more it's pressed down, the more momentum it builds—this is exactly the kind of fuel I like.
Zero liquidations in the past hour; leverage hasn't even entered the picture.
OI is up just 2.34%—this isn't a move fueled by piling on leverage.
Resistance is right overhead at 0.17885, just one step away.
I'm bullish with the trend, so I'm starting with a small position.
Stop-loss at 0.17105; if it breaks, I'll admit I'm wrong and exit.
If it breaks down, don't catch it—the next level to watch is 0.1465.
If 0.17885 breaks on strong volume, would you chase or wait for a pullback? Let me know in the comments.
#行情分析 #山寨季
Personal market notes only; this is not investment advice. Remember to manage your position size.