$HOT long: open interest -12.5% in 24h while price moved -4.1%.
Leverage is flushing out at 0.000388. If buyers hold it, 0.000395 comes next. Lose 0.000378 and the flush continues lower.
LONG zone 0.000388–0.000390 | targets 0.000395, 0.000400, 0.000406 | stop 0.000378
Why it's on my radar:
- Stop 2.8% away, TP3 4.4% away, roughly 1.5R to the last target
- 4H at 0.000389, below the EMA50 at 0.000406, so I keep the stop where it is
- Short-term BTC is bearish, a headwind. The level has to do the work
Does 0.000388 hold, or do we flush?
Plan, not advice.
Leverage is flushing out at 0.000388. If buyers hold it, 0.000395 comes next. Lose 0.000378 and the flush continues lower.
LONG zone 0.000388–0.000390 | targets 0.000395, 0.000400, 0.000406 | stop 0.000378
Why it's on my radar:
- Stop 2.8% away, TP3 4.4% away, roughly 1.5R to the last target
- 4H at 0.000389, below the EMA50 at 0.000406, so I keep the stop where it is
- Short-term BTC is bearish, a headwind. The level has to do the work
Does 0.000388 hold, or do we flush?
Plan, not advice.
