$AGT That move just now was brutal: it hit 0.0989 at 4:30, then plunged to 0.0735 in 25 minutes. It’s now around 0.080, down about 17% in an hour, giving back half of its gains since rising from 0.062 earlier today. Contract open interest fell nearly 20% in two hours, flushing out a wave of longs, yet the funding rate is still positive. I’m not buying the dip—I'll wait for it to stabilize first. (Not investment advice.)
I’ll take another look at it during my review tonight. Follow if you want to see how it turns out.
I’ll take another look at it during my review tonight. Follow if you want to see how it turns out.