$Q Parabolic Pump Cools Off, What Next?
QUSDT is trading at $0.126172 right now, -6.68% on the day. 24H High $0.143475 / Low $0.108981 with huge volume 2.93B Q / $364.07M USDT volume. That's not normal volume.
This coin went crazy from $0.017007 to $0.216977 in just days. 7 Days +205.47% / 30 Days +401.54% / 180 Days +1,061.48%. Pure parabolic move. Now we are seeing the first real pullback.
Orderbook right now 0.126156 with Funding -0.05204% shorts are paying, which tells me longs are crowded and getting squeezed on the way down. Long/Short ratio 46.02% / 53.98% slightly bearish tilt.
My take:
I'm not chasing long after a 10x move. This is classic blow-off top behavior on 1D. Price is back at 0.126150 after failing to hold 0.143. If 0.10898 24H Low breaks, we could see a deeper flush toward 0.09 - 0.08 to reset funding.
My plan: No FOMO. I want to see funding cool off and a base form above $0.10 before I consider any long. For shorts, I'd need a rejection at $0.13 - $0.14 with volume. Risk is very high here, so position size small.
#q
Are you buying this dip on $Q or waiting for a deeper reset after that huge run?
#EarningsSeason #SwitzerlandApprovesFirstBitcoinETF #SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2%
QUSDT is trading at $0.126172 right now, -6.68% on the day. 24H High $0.143475 / Low $0.108981 with huge volume 2.93B Q / $364.07M USDT volume. That's not normal volume.
This coin went crazy from $0.017007 to $0.216977 in just days. 7 Days +205.47% / 30 Days +401.54% / 180 Days +1,061.48%. Pure parabolic move. Now we are seeing the first real pullback.
Orderbook right now 0.126156 with Funding -0.05204% shorts are paying, which tells me longs are crowded and getting squeezed on the way down. Long/Short ratio 46.02% / 53.98% slightly bearish tilt.
My take:
I'm not chasing long after a 10x move. This is classic blow-off top behavior on 1D. Price is back at 0.126150 after failing to hold 0.143. If 0.10898 24H Low breaks, we could see a deeper flush toward 0.09 - 0.08 to reset funding.
My plan: No FOMO. I want to see funding cool off and a base form above $0.10 before I consider any long. For shorts, I'd need a rejection at $0.13 - $0.14 with volume. Risk is very high here, so position size small.
#q
Are you buying this dip on $Q or waiting for a deeper reset after that huge run?
#EarningsSeason #SwitzerlandApprovesFirstBitcoinETF #SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2%