Open interest -9.9% in 24h while price moved -7.1%. Leaning short on $TRX .
That tells me positions are being closed and leverage is flushing out. Reject 0.312 and that becomes fuel. Reclaim 0.317 and it flushes the other way.
Why it's on my radar:
• Price 0.312 sits below the 4H EMA50 (0.330): the trend is on this side
• Stop 1.6% away, TP3 2.6% away, roughly 1.6R to the last target
• 1H RSI 26 · already washed out, no chasing
SHORT 0.3114–0.3122
TP 0.3088 / 0.3068 / 0.3038
SL 0.3168
Sellers or buyers, who shows up first?
NFA · DYOR
That tells me positions are being closed and leverage is flushing out. Reject 0.312 and that becomes fuel. Reclaim 0.317 and it flushes the other way.
Why it's on my radar:
• Price 0.312 sits below the 4H EMA50 (0.330): the trend is on this side
• Stop 1.6% away, TP3 2.6% away, roughly 1.6R to the last target
• 1H RSI 26 · already washed out, no chasing
SHORT 0.3114–0.3122
TP 0.3088 / 0.3068 / 0.3038
SL 0.3168
Sellers or buyers, who shows up first?
NFA · DYOR
