Short $VTHO : open interest down 12.5% in 24h while price fell 10.3%.
Positions are closing and leverage is flushing out. If sellers hold 0.000615, my next lines are 0.000608 and 0.000604. Above 0.000624 and I step aside.
Why it's on my radar:
- 4H price 0.000614 below EMA50 0.000645, trend structure still favors sellers
- Risk 1.6% to SL vs 2.8% to TP3, about 1.7R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.000613–0.000615 · TP 0.000608 / 0.000604 / 0.000597 · SL 0.000624
Does 0.000615 hold, or does 0.000624 break first?
NFA · DYOR
Positions are closing and leverage is flushing out. If sellers hold 0.000615, my next lines are 0.000608 and 0.000604. Above 0.000624 and I step aside.
Why it's on my radar:
- 4H price 0.000614 below EMA50 0.000645, trend structure still favors sellers
- Risk 1.6% to SL vs 2.8% to TP3, about 1.7R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.000613–0.000615 · TP 0.000608 / 0.000604 / 0.000597 · SL 0.000624
Does 0.000615 hold, or does 0.000624 break first?
NFA · DYOR