$USDT is moving fast — this is where I would stop chasing and watch the reaction.
What stands out here is that volume is running about 12.8x its recent pace, the 1H move is -9.05%, and open interest is down 7.7%. That gives the move real context instead of treating every candle as a signal.
The area around $0.07128 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $USDT has another leg left, or is this move already too stretched?
#USDT #Trading
Trade plan: SHORT
Entry: $0.10178
SL: $0.16566
TP1: $0.03791
TP2: $-0.02597
TP3: $-0.08984
What stands out here is that volume is running about 12.8x its recent pace, the 1H move is -9.05%, and open interest is down 7.7%. That gives the move real context instead of treating every candle as a signal.
The area around $0.07128 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $USDT has another leg left, or is this move already too stretched?
#USDT #Trading
Trade plan: SHORT
Entry: $0.10178
SL: $0.16566
TP1: $0.03791
TP2: $-0.02597
TP3: $-0.08984
