SPCX fell 5.13% in 24h, while long accounts still account for 77%, and the funding rate remains at +0.0569%.
Binance TradFi perpetuals (traditional finance category; high risk of gaps outside trading hours) | SPCX remains weak intraday; for a recovery, first watch whether selling pressure eases. Current price is about 130.08, with 24h trading volume of about 1.077 billion; the 30m volume ratio is 3.2x, indicating rising participation. Positioning: long accounts account for 77%; taker buy/sell ratio is 0.76 (taker selling is dominant); 30m open interest is -0.2%; funding rate is +0.0569%.
Reference indicators: 30m RSI is 24.59, deeply oversold, suggesting short-term panic is already elevated; the 30m ATR trend-band reference level is 136.826864. The current price is below this level, indicating that the trend support level is coming under pressure.
Which would you wait for first: the taker buy/sell ratio of 0.76 returning above 1, or the 30m RSI of 24.6 moving back above 30?
#SPCX #VolatilityAlert
Binance TradFi perpetuals (traditional finance category; high risk of gaps outside trading hours) | SPCX remains weak intraday; for a recovery, first watch whether selling pressure eases. Current price is about 130.08, with 24h trading volume of about 1.077 billion; the 30m volume ratio is 3.2x, indicating rising participation. Positioning: long accounts account for 77%; taker buy/sell ratio is 0.76 (taker selling is dominant); 30m open interest is -0.2%; funding rate is +0.0569%.
Reference indicators: 30m RSI is 24.59, deeply oversold, suggesting short-term panic is already elevated; the 30m ATR trend-band reference level is 136.826864. The current price is below this level, indicating that the trend support level is coming under pressure.
Which would you wait for first: the taker buy/sell ratio of 0.76 returning above 1, or the 30m RSI of 24.6 moving back above 30?
#SPCX #VolatilityAlert