$ID I bet it will break 0.032 tonight, if not I'll delete my account directly. 24-hour trading volume 15.3M, down 12.83%. You think it's done dropping? Go look at the order book, shorts haven't let up at the 0.0338 level. There's clear volume-price divergence. In the drop from 0.0388 to 0.0336, buy orders were all small retail orders propping it up. The big players ran away above 0.036, now only hot money is flipping.


Don't talk to me about support. The low at 0.0336 was a fake breakdown that got pulled back, but the rebound couldn't even touch 0.0345, showing that bulls are just decoration. 24h high 0.0388, low 0.0336, range 12%, but volume is only 15M. Compared to the previous 30-40M level in similar swings, liquidity is shrinking, making it easier to smash. Short contract positions are still rising, funding rate is negative, the market is betting on continued decline.
My trading plan: For those already flat, wait for the 0.0325-0.032 range to place short-term longs, stop loss at 0.0315, take profit at 0.0342. For those wanting to follow shorts, don't chase now, wait for a bounce to around 0.0345 to open shorts, stop loss at 0.0358, target 0.032. Use only 10%-15% position, don't get carried away. This kind of order book is prone to sudden spikes and dumps that can reverse and kill.
My style is harsh words and solid data, never making excuses after the fact. You don't have to follow, but you can save this post. Come to the comments and show off tomorrow when it hits 0.032. If you think I'm wrong, screenshot and come slap my face tomorrow.
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