🐳 Top 5 losers over the past 24 hours:
· $AKE -31.88%
· $AGT -22.90%
· $TAG -17.82%
· BULLA -16.34%
· CAP -14.02%
A move like the one in $AKE (-31.88%) is often accompanied by a wave of stop-losses among leveraged longs. Watch funding rates and open interest to see whether the excess has been flushed out. A decent rebound may only be possible after the washout.
#AKE
· $AKE -31.88%
· $AGT -22.90%
· $TAG -17.82%
· BULLA -16.34%
· CAP -14.02%
A move like the one in $AKE (-31.88%) is often accompanied by a wave of stop-losses among leveraged longs. Watch funding rates and open interest to see whether the excess has been flushed out. A decent rebound may only be possible after the washout.
#AKE