$MAGMA 5-minute drop of 2.15%, with the current price at 0.439 and the 24-hour range at 0.4348 ~ 0.4892.
A valid breakout is usually accompanied by increased volume, while a false breakout often lacks volume. This is the method I rely on most when making a judgment.
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in, so you should watch out for a rebound.
A valid breakout is usually accompanied by increased volume, while a false breakout often lacks volume. This is the method I rely on most when making a judgment.
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in, so you should watch out for a rebound.