🚨 CT #2 once surged 28% to top the contract gainers leaderboard, then plunged 8.49% in just 15 minutes!
But here’s what’s really strange: it’s still up 5.1% over 24 hours, retail traders are bullish by a 2.9-to-1 ratio, and bulls are pointing to a 14.88% increase in open interest and a 1.6x jump in volume as reasons to stay bullish.
📊 What does this mean? The biggest risk isn’t getting the direction wrong—it’s chasing the price after it’s already plunged back to where it started, leaving you holding the bag.
🎯 Key levels:
Resistance: $0.4063
Watch zone: $0.3672–$0.3678
Current price: $0.34461
My take: The original signal is no longer valid, so I’m cautious in the short term. A recovery is possible only if it gets back above $0.3678 with rising volume. If the bounce comes on weak volume and the price keeps falling below its current level, beware of a long squeeze.
Will CT #2 reclaim $0.4063, or keep falling? 👇 #交易 #Futures
But here’s what’s really strange: it’s still up 5.1% over 24 hours, retail traders are bullish by a 2.9-to-1 ratio, and bulls are pointing to a 14.88% increase in open interest and a 1.6x jump in volume as reasons to stay bullish.
📊 What does this mean? The biggest risk isn’t getting the direction wrong—it’s chasing the price after it’s already plunged back to where it started, leaving you holding the bag.
🎯 Key levels:
Resistance: $0.4063
Watch zone: $0.3672–$0.3678
Current price: $0.34461
My take: The original signal is no longer valid, so I’m cautious in the short term. A recovery is possible only if it gets back above $0.3678 with rising volume. If the bounce comes on weak volume and the price keeps falling below its current level, beware of a long squeeze.
Will CT #2 reclaim $0.4063, or keep falling? 👇 #交易 #Futures