EWYUSDT perpetual is currently around 133.16, down about 11.2% over 24h. The KOSPI circuit breaker was triggered at around −8.5%, while the Nikkei was down about 5–6% intraday; Korean ETF contracts are being dragged down in tandem by spillover from U.S. stocks, Nasdaq, and semiconductors.
On the chart: a 15m downtrend, with price below EMA20 ≈ 134.21 and EMA50 ≈ 137.32, showing a short-term bearish alignment. The latest candle saw a volume spike of about 2.6×. Price is trapped between support at 132.13 and resistance at 133.53, staying close to support as it continues to weaken within a narrow range.
View: Bearish / low-to-moderate confidence. With a small position, one could wait for a rebound to 133.5–134.2 to meet resistance before trying a short, with a stop just above resistance at 133.53 (keep risk tightly controlled); first target is a retest of 132.13. Thesis invalidation: a 15m candle closes back above EMA20 on rising volume and holds above 134.2. Keep position size small.
These are my personal observations of the market and do not constitute investment advice. Contracts carry leverage risk; use strict stop-losses.
On the chart: a 15m downtrend, with price below EMA20 ≈ 134.21 and EMA50 ≈ 137.32, showing a short-term bearish alignment. The latest candle saw a volume spike of about 2.6×. Price is trapped between support at 132.13 and resistance at 133.53, staying close to support as it continues to weaken within a narrow range.
View: Bearish / low-to-moderate confidence. With a small position, one could wait for a rebound to 133.5–134.2 to meet resistance before trying a short, with a stop just above resistance at 133.53 (keep risk tightly controlled); first target is a retest of 132.13. Thesis invalidation: a 15m candle closes back above EMA20 on rising volume and holds above 134.2. Keep position size small.
These are my personal observations of the market and do not constitute investment advice. Contracts carry leverage risk; use strict stop-losses.
