#concrete 1'm bearish on $CT Two weeks after TGE, Concrete is still finding its price, and the last four hours went the wrong way. Board: No.18 on the 4h board, CMC rank 306, last $0.3743. 4h -5.91% wiped the morning, 1h +1.92%, 24h +0.36%, 7d -1.50%. The volume tells the story. $135.7M traded against a $71.1M market cap, a vol/mcap of 1.91, while volume itself fell 38%. That is heavy churn with fading interest. Price is at 43% of the 24h range. Context: CT launched Sept 30 as a fixed 1B-supply governance token for Concrete's automated yield vaults, with 35% set aside for ecosystem and community. The airdrop claim is open, and a separate USDC claim for eligible Earn Vault users opens Oct 16 at 12:00 UTC (reported). Claim windows tend to add supply to the tape. Perps: OKX funding +0.0050%/8h, OI $3.1M, premium -0.247%. Levels: 24h $0.3519–$0.4037, 7d $0.3000–$0.4064, 4h pivot $0.3978. Short-term bearish under the 4h pivot, with $0.3519 as the next test. Invalidation: a 4h close back above $0.3978. Risk: post-TGE tokens squeeze violently when shorts lean too hard. RU: цена ~$0.3743 ≈ ₽31.34 (курс 83.73). До 16 октября жду давления от клеймов; возврат выше 0.3978 отменяет сценарий. New DeFi vault tokens sit in my UnicornsMap #UMRadar risk map. @alexdolbun, more on X @alexdolbun. #UMRadar #Concrete #DeFiVaults $CT $DRV $ETH