⚠️ guys the $UB trading data just showed me something that is making me watch this short signal very carefully
I posted the UB short signal earlier today and now the trading data is giving me extra information I need to share with you
I have seen this exact thing before and every single time it ended the same way — when open interest keeps rising steadily while price pumps and the short ratio starts shifting toward more longs it means new money is coming in on both sides and a big move is loading in one direction
look at this open interest climbed from 88.5M all the way to 90M and notional value rising from 15.5M to 16.9M that is steady accumulation of positions while $UB is up +11.48% today hitting 0.18972
but here is what caught my attention short accounts at 56.68% and long accounts at 43.32% with ratio at 0.76 that ratio has been moving toward longs compared to earlier readings meaning more accounts are starting to believe in this move up
this is the tension point open interest rising price rising and the short dominance slowly shrinking when shorts start covering on a rising coin with rising open interest the squeeze can be violent
my short signal entry was at 0.16141 price is now at 0.18972 I am watching the SL level at 0.18400 very carefully right now
so guys does this data make you more confident in the short or does rising open interest with price above the previous high change your view 🎯
⚠️ guys $LAYER is doing exactly what I said it would and the 1m chart is now confirming everything
I warned this community when RSI was at 94 on the 4h — I said this was a dead coin getting one last pump and the sellers were already positioned — now look at where we are
price topped at 0.15724 and is now sitting at 0.12983 — that is already a significant drop from the high and the structure on this 1m chart is telling me it is not done yet
look at this — #LAYER bounced to 0.13179 on the 1m then got rejected hard and is now printing lower highs lower lows — EMA7 at 0.12999 EMA25 at 0.13026 EMA99 at 0.13049 — all three EMAs are now above price and compressing downward — that is a ceiling sitting right above every bounce attempt
RSI dropped all the way to 38 from 94 in less than one day — that is how fast the exhaustion hit after that artificial pump — and RSI at 38 on a coin that is down -89% in a year does not mean oversold bounce — it means the real direction is reasserting itself
24h low already at 0.09322 — that level was tested — and the 1m chart is showing me another attempt at the lows is loading
I posted the warning — the chart followed — this is what reading RSI 94 on a dying coin actually means in real time
so guys — did you sell when I posted the warning or are you still holding and hoping this bounces back 🎯