$CBRS It traded sideways for several days, then at 22:00 a massive 17M-volume candle slammed it straight from 109 through 99. It continued drifting down to 96. RSI briefly plunged into the teens and is still hovering around 20.
OI contract count has risen by roughly 10% over the past two days, but notional value hasn't kept pace—price is falling while positions are piling up, with inventory building below. MA20 is above 100. Don't treat it as a dip-buying opportunity unless it reclaims 100 on strong volume. A break below today's low of 95.3 keeps the outlook bearish.
Not investment advice.
#CBRS $CBRSUSDT
OI contract count has risen by roughly 10% over the past two days, but notional value hasn't kept pace—price is falling while positions are piling up, with inventory building below. MA20 is above 100. Don't treat it as a dip-buying opportunity unless it reclaims 100 on strong volume. A break below today's low of 95.3 keeps the outlook bearish.
Not investment advice.
#CBRS $CBRSUSDT
