$TUT
At $0.127, you’re no longer in yesterday’s setup.
The easy part of the move has already happened.
Today’s data is showing:
- Price has already fallen ~37%.
- Funding has normalized.
- OI has already been flushed down.
- Top-trader positioning is recovering from the extreme short bias.
So risk/reward for opening a fresh short at $0.127 is much worse.
#RobinhoodToOfferCryptoTradingInUK
At $0.127, you’re no longer in yesterday’s setup.
The easy part of the move has already happened.
Today’s data is showing:
- Price has already fallen ~37%.
- Funding has normalized.
- OI has already been flushed down.
- Top-trader positioning is recovering from the extreme short bias.
So risk/reward for opening a fresh short at $0.127 is much worse.
#RobinhoodToOfferCryptoTradingInUK