$Lobster — Selling pressure has not ended
Lobster Futures is at 0.03973 USDT, down 38.915% in 24 hours. The 1H candle just closed lower, falling from 0.04074 to 0.03910 after being rejected at 0.04268, and ended near the low of 0.03909.
🔴 The downside remains favored if the 1H candle closes below 0.03909. The next level to watch is 0.03800, based on the low of a formed 4H candle. This outlook is invalidated if the 1H candle closes above 0.04268. Wait for candle-close confirmation and avoid reacting to the swings of a new candle still in progress.
Personal observation, not a recommendation. 1% risk; always use a stop.
#龙虾 #Crypto #Futures
Lobster Futures is at 0.03973 USDT, down 38.915% in 24 hours. The 1H candle just closed lower, falling from 0.04074 to 0.03910 after being rejected at 0.04268, and ended near the low of 0.03909.
🔴 The downside remains favored if the 1H candle closes below 0.03909. The next level to watch is 0.03800, based on the low of a formed 4H candle. This outlook is invalidated if the 1H candle closes above 0.04268. Wait for candle-close confirmation and avoid reacting to the swings of a new candle still in progress.
Personal observation, not a recommendation. 1% risk; always use a stop.
#龙虾 #Crypto #Futures