$HOT After lying dormant for a long time, it suddenly went wild. Current price: 0.000383; it spiked to an intraday high of 0.000403 but couldn't hold. The funding rate plunged to -1.18%—shorts are paying.
The positioning is even more extreme: contract count is up about 61% over 48 hours, and notional value is up 75%. The volume in those predawn candles lifted the price action, which looks more like a short squeeze than a fundamental turnaround.
RSI has pulled back to around 57, with MA20 near 0.000380. Downtrend pressure is still overhead; watch the rising support on a pullback. If support breaks, don't try to ride it out. The setup is invalidated if price reclaims 0.000403 on strong volume. Not investment advice.
#合约 $HOTUSDT
The positioning is even more extreme: contract count is up about 61% over 48 hours, and notional value is up 75%. The volume in those predawn candles lifted the price action, which looks more like a short squeeze than a fundamental turnaround.
RSI has pulled back to around 57, with MA20 near 0.000380. Downtrend pressure is still overhead; watch the rising support on a pullback. If support breaks, don't try to ride it out. The setup is invalidated if price reclaims 0.000403 on strong volume. Not investment advice.
#合约 $HOTUSDT
