🚨 $AIN is doing it again.

Last month, $AIN went from $0.068 → $0.172 in just two days, only to crash 86% the following day.

Then it spent roughly 2½ weeks trading around $0.023.

Now it’s moving again.

Since yesterday at 14:00 UTC, $AIN has rallied as much as 270%.

And there’s an important detail: AIN only has a futures market, with no Binance spot market. That means leverage is playing a major role in price discovery.

The recent top at $0.0856 came from a single 5-minute candle at 06:10 UTC.

During that candle, open interest dropped 7.5% — a strong sign that shorts were being forced out. But the move quickly faded, with price giving most of it back within 30 minutes.

Now things are getting interesting again. 👀

The crowd flipped from heavily long to heavily short:

→ L/S ratio: 3.9 → 0.68
→ Open interest is building again
→ Price is currently around $0.053

That looks similar to the positioning that preceded the previous squeeze.

But there’s a major risk underneath:

📉 Only around $274K of bids sit within 5%
📈 Compared with roughly $552K of asks
💰 The largest visible bid is only around $54K at $0.05

So the key level is $0.05.

If $0.05 holds while shorts continue piling in, another squeeze could develop.

But if $0.05 breaks, the thin bid liquidity underneath could make the downside very fast⚠️