đ§ A QUESTION FOR EXPERIENCED TRADERS.
When a coin drops 6â7% in a day, what do you check FIRST?
A) The BTC trend
B) Spot trading volume
C) Support and resistance
D) Token unlocks and fundamentals
E) Funding rates and open interest
For example, $TIA is down about 6.94% over 24 hours in the current Binance snapshot.
But the percentage alone cannot tell us whether sellers are exhausted, whether buyers are accumulating, or whether another leg down is coming.
Price shows what happened.
Volume, market structure and derivatives data can help explain how it happened â but none predicts the future with certainty.
What's your first check, and why?
I'm interested in the reasoning, not just the ticker. đ
#CryptoEducation #TIA #TradingStrategy #BinanceSquare
When a coin drops 6â7% in a day, what do you check FIRST?
A) The BTC trend
B) Spot trading volume
C) Support and resistance
D) Token unlocks and fundamentals
E) Funding rates and open interest
For example, $TIA is down about 6.94% over 24 hours in the current Binance snapshot.
But the percentage alone cannot tell us whether sellers are exhausted, whether buyers are accumulating, or whether another leg down is coming.
Price shows what happened.
Volume, market structure and derivatives data can help explain how it happened â but none predicts the future with certainty.
What's your first check, and why?
I'm interested in the reasoning, not just the ticker. đ
#CryptoEducation #TIA #TradingStrategy #BinanceSquare