$MITO got hit by the Binance delisting news too, down about 27% to $0.00978.
Long/short ratio is 2.36 by accounts and 2.31 for top traders, so everyone's leaning long here, not just retail. Which honestly makes me more cautious, not less. That's a lot of longs sitting on a coin that just lost its Binance listing.
A red candle after a delisting isn't "cheap", it's usually thin liquidity and forced liquidations feeding each other. I'd rather wait than try to catch this.
Long/short ratio is 2.36 by accounts and 2.31 for top traders, so everyone's leaning long here, not just retail. Which honestly makes me more cautious, not less. That's a lot of longs sitting on a coin that just lost its Binance listing.
A red candle after a delisting isn't "cheap", it's usually thin liquidity and forced liquidations feeding each other. I'd rather wait than try to catch this.