Guys, We Caught $IRYS 's 230% Move... Is $BIRB Next? 🔥
OI climbed sharply during the pump, while funding turned extremely negative. Futures CVD is around -$114M, but spot CVD remains positive at $17.1M on 15m and $20.1M on 1H.
Here's the interesting part, guys. Futures traders are selling, but spot buyers are still absorbing some pressure. If this continues, shorts could get squeezed. But if spot demand fades, things can change quickly.
Liquidation liquidity sits around $0.080–$0.085 below but less and $0.100–$0.105 above. The order book showed 32.2M BIRB in bids versus 25.75M in asks. That's encouraging, but visible orders can disappear anytime.
Spot vs futures flow: Spot net flow was +$636K over 4H, +$737K over 8H, +$647K over 12H and +$341K over 24H. However, 1H spot flow was -$62K, showing short-term buying has cooled.
Futures flow was +$123K over 4H and +$319K over 8H, but -$995K over 12H and -$1.62M over 24H. The 1H reading was -$433K, with 15m at -$176K.
Futures selling is definitely there, guys, so I'm not calling this a safe long. But higher-timeframe spot flow is still positive, funding is extremely negative, and price remains above key 4H averages. If buyers defend the pullback, those crowded shorts could become fuel for another move up. That's why I'd rather wait for a long confirmation than short into a possible squeeze.
Around 27.08M BIRB tokens are reportedly scheduled to unlock on Oct 28, so keep that supply risk in mind too.
🐱 $BIRB LONG CONFIGURATION
Current entry: $0.086–$0.088 after confirmation
Recommended entry: $0.079–$0.082
Deep entry: $0.074–$0.076, only if support holds
TP1: $0.100
TP2: $0.115
TP3: $0.130
SL: $0.072 for the deep-entry setup; adjust for your entry.
Guys, wait for a 30m candle to confirm buyers are defending the zone. I'm leaning long, but if support breaks, I'll drop the idea. No need to chase or force a trade. Protect your capital first. ✅
OI climbed sharply during the pump, while funding turned extremely negative. Futures CVD is around -$114M, but spot CVD remains positive at $17.1M on 15m and $20.1M on 1H.
Here's the interesting part, guys. Futures traders are selling, but spot buyers are still absorbing some pressure. If this continues, shorts could get squeezed. But if spot demand fades, things can change quickly.
Liquidation liquidity sits around $0.080–$0.085 below but less and $0.100–$0.105 above. The order book showed 32.2M BIRB in bids versus 25.75M in asks. That's encouraging, but visible orders can disappear anytime.
Spot vs futures flow: Spot net flow was +$636K over 4H, +$737K over 8H, +$647K over 12H and +$341K over 24H. However, 1H spot flow was -$62K, showing short-term buying has cooled.
Futures flow was +$123K over 4H and +$319K over 8H, but -$995K over 12H and -$1.62M over 24H. The 1H reading was -$433K, with 15m at -$176K.
Futures selling is definitely there, guys, so I'm not calling this a safe long. But higher-timeframe spot flow is still positive, funding is extremely negative, and price remains above key 4H averages. If buyers defend the pullback, those crowded shorts could become fuel for another move up. That's why I'd rather wait for a long confirmation than short into a possible squeeze.
Around 27.08M BIRB tokens are reportedly scheduled to unlock on Oct 28, so keep that supply risk in mind too.
🐱 $BIRB LONG CONFIGURATION
Current entry: $0.086–$0.088 after confirmation
Recommended entry: $0.079–$0.082
Deep entry: $0.074–$0.076, only if support holds
TP1: $0.100
TP2: $0.115
TP3: $0.130
SL: $0.072 for the deep-entry setup; adjust for your entry.
Guys, wait for a 30m candle to confirm buyers are defending the zone. I'm leaning long, but if support breaks, I'll drop the idea. No need to chase or force a trade. Protect your capital first. ✅