Here's why I'm leaning SHORT according to QVX.
The long flush may have cleared leverage, but that doesn't guarantee a squeeze — shorts often press their advantage once support breaks. I'd want to see spot volume confirm the reversal before trusting the bounce narrative. 📉
The long flush may have cleared leverage, but that doesn't guarantee a squeeze — shorts often press their advantage once support breaks. I'd want to see spot volume confirm the reversal before trusting the bounce narrative. 📉