$STRK gave back about 26% from where I wrote about it on Sunday night.
It was near 0.117 then. It trades around 0.086 now, down about 18% in 24 hours.
Funding flipped too. It was slightly negative, now about +0.003%. Longs are the ones paying now.
I said a coin that runs this fast can give back half in a day. It's still far above the 30-day low near 0.026, so the bigger move isn't undone. But chasing at 0.117 was the expensive trade.
NFA. Buying this dip or still watching?
It was near 0.117 then. It trades around 0.086 now, down about 18% in 24 hours.
Funding flipped too. It was slightly negative, now about +0.003%. Longs are the ones paying now.
I said a coin that runs this fast can give back half in a day. It's still far above the 30-day low near 0.026, so the bigger move isn't undone. But chasing at 0.117 was the expensive trade.
NFA. Buying this dip or still watching?