$ORDER
It just surged about +151.5%, with open interest up about 265%—don’t chase at the current price.
Current price: about 0.0815; 24h trading volume: about 176 million U.
Open interest is up about 265%, and funds are still flowing in.
Direction: The rally is too sharp; wait for a pullback before entering.
Aggressive: Try a small position on a pullback to around 0.070, with a stop-loss at 0.062 (about −11%) and an initial target of 0.095.
Conservative: Wait for a pullback to 0.060–0.065 and confirmation of stability before deciding; stop-loss around 0.055.
Will 0.070 be reached first, or will it hit 0.095 first?
Disclaimer: This analysis is for reference only and does not constitute investment advice!
#ORDER #Futures
It just surged about +151.5%, with open interest up about 265%—don’t chase at the current price.
Current price: about 0.0815; 24h trading volume: about 176 million U.
Open interest is up about 265%, and funds are still flowing in.
Direction: The rally is too sharp; wait for a pullback before entering.
Aggressive: Try a small position on a pullback to around 0.070, with a stop-loss at 0.062 (about −11%) and an initial target of 0.095.
Conservative: Wait for a pullback to 0.060–0.065 and confirmation of stability before deciding; stop-loss around 0.055.
Will 0.070 be reached first, or will it hit 0.095 first?
Disclaimer: This analysis is for reference only and does not constitute investment advice!
#ORDER #Futures