$APR The platform collapsed outright. At 12:00, the price broke below 0.05. At 13:00, massive volume drove it from around 0.047 straight through to 0.041. After a weak rebound at 14:00, it was still hovering below. RSI fell to around 25.
OI value over 24 hours shrank from roughly 11.36 million to 9.06 million, with the number of contracts also edging down—suggesting longs are cutting positions and selling. The current price is stuck below the 0.044 rebound threshold. Don’t buy the dip unless it gets back above 0.044; trying to catch a falling knife could mean taking another hit.
Not investment advice. Do your own market research.
#APR #Futures
OI value over 24 hours shrank from roughly 11.36 million to 9.06 million, with the number of contracts also edging down—suggesting longs are cutting positions and selling. The current price is stuck below the 0.044 rebound threshold. Don’t buy the dip unless it gets back above 0.044; trying to catch a falling knife could mean taking another hit.
Not investment advice. Do your own market research.
#APR #Futures
