Open interest -8.3% in 24h while price moved -5.4% on $ZAMA . Long bias from here.
That tells me positions are being closed and leverage is flushing out. Hold 0.0779 and that becomes fuel. Lose 0.0762 and it flushes the other way.
What backs it:
- 4H price 0.0780 below EMA50 0.0820: this is a bounce attempt under the trend, so the stop matters
- Risk 2.3% to SL vs 3.7% to TP3: about 1.6R if the full move plays out
- 1H RSI 33: momentum has reset, room to bounce
đą LONG · Entry 0.07787â0.07810 · TP 0.07908 / 0.07980 / 0.08089 · SL 0.07617
Clean pullback from here, or one more sweep first?
NFA · DYOR
That tells me positions are being closed and leverage is flushing out. Hold 0.0779 and that becomes fuel. Lose 0.0762 and it flushes the other way.
What backs it:
- 4H price 0.0780 below EMA50 0.0820: this is a bounce attempt under the trend, so the stop matters
- Risk 2.3% to SL vs 3.7% to TP3: about 1.6R if the full move plays out
- 1H RSI 33: momentum has reset, room to bounce
đą LONG · Entry 0.07787â0.07810 · TP 0.07908 / 0.07980 / 0.08089 · SL 0.07617
Clean pullback from here, or one more sweep first?
NFA · DYOR
