$4 perps are +20.75% and the funding tells you more than the candle does.
$4 perp at $0.0265, +20.75%, 21M volume, open interest 428.7M contracts.
Resistance $0.0272 then $0.0287
Support $0.0231 then $0.0218, deeper $0.0214
7d range $0.0187 to $0.0289, 20D avg $0.0214, price above
Funding 0.0446%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.0231 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +20.75%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#4 #Futures
$4 perp at $0.0265, +20.75%, 21M volume, open interest 428.7M contracts.
Resistance $0.0272 then $0.0287
Support $0.0231 then $0.0218, deeper $0.0214
7d range $0.0187 to $0.0289, 20D avg $0.0214, price above
Funding 0.0446%, longs paying shorts. Mild lean, nothing extreme yet.
Those are levels the chart has reacted to before, nothing more. Whether $0.0231 holds again is not something anybody can promise you, and anyone who does is selling something.
Now the part nobody says out loud. This already moved +20.75%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#4 #Futures