I fumbled $HOT at the worst time.
Watched it grind around $0.000380, sold into the chop, then watched it push 7% in a 4h window. đ€Š
Classic.
Now itâs up 3.54% with $3.29M traded, and volume is running 2.3x its 20d average. Shorts are paying hard too, with funding at -0.837%. Thatâs the part making me nervous, because crowded shorts can fuel the move, but mixed MAs still say chop.
$XRP taught me this lesson already.
If $HOT hits $0.000400, Iâm watching the reaction and not chasing another candle. đ«
Who else is watching this?
#HOT #Crypto
Watched it grind around $0.000380, sold into the chop, then watched it push 7% in a 4h window. đ€Š
Classic.
Now itâs up 3.54% with $3.29M traded, and volume is running 2.3x its 20d average. Shorts are paying hard too, with funding at -0.837%. Thatâs the part making me nervous, because crowded shorts can fuel the move, but mixed MAs still say chop.
$XRP taught me this lesson already.
If $HOT hits $0.000400, Iâm watching the reaction and not chasing another candle. đ«
Who else is watching this?
#HOT #Crypto