$AIN
Just jumped about +19%. It surged to 0.197 this past hour, then got slammed back to 0.17—around 70% of retail traders are short, while large traders are about 60% long. Don’t follow retail into shorts.
On October 25, it was still at 0.038. In five days, it climbed to around 0.17—about 4.5x.
At 14:00, this hour’s trading volume was about 30 million U, with a wick pulling back from 0.197 to 0.17.
About 72% of accounts are short, but large traders’ positions are about 64% long. Funding is +0.064%/4h, so longs are paying; open interest is essentially flat over 24h.
Bias: bullish, but don’t chase above 0.19.
Aggressive: Try a small long position around 0.165, with a stop loss at 0.150 (about −9%); first target is the previous high at 0.197.
Conservative: Enter if it retests the 0.150 area and holds, with a stop loss at 0.135 (about −10%) and a target of 0.18.
This time, are you siding with large traders and going long, or joining retail and going short?
Note: This analysis is for reference only and does not constitute investment advice!
#AIN #BinanceOracle
Just jumped about +19%. It surged to 0.197 this past hour, then got slammed back to 0.17—around 70% of retail traders are short, while large traders are about 60% long. Don’t follow retail into shorts.
On October 25, it was still at 0.038. In five days, it climbed to around 0.17—about 4.5x.
At 14:00, this hour’s trading volume was about 30 million U, with a wick pulling back from 0.197 to 0.17.
About 72% of accounts are short, but large traders’ positions are about 64% long. Funding is +0.064%/4h, so longs are paying; open interest is essentially flat over 24h.
Bias: bullish, but don’t chase above 0.19.
Aggressive: Try a small long position around 0.165, with a stop loss at 0.150 (about −9%); first target is the previous high at 0.197.
Conservative: Enter if it retests the 0.150 area and holds, with a stop loss at 0.135 (about −10%) and a target of 0.18.
This time, are you siding with large traders and going long, or joining retail and going short?
Note: This analysis is for reference only and does not constitute investment advice!
#AIN #BinanceOracle
