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53.61 to 57.44
Twelve hours, 7.15%; this stretch had nothing to do with me.
$INTC That move happened while I had no signal; when I looked back, the price was already above 56.
The money from the second move wasn't mine; chasing in would just mean holding the bag for someone else.
Now it's 56.25, ma20 is 56.274, a difference of 0.024, right on this line.
The high of 57.44 was touched at 11-07 03:00, and it hasn't been touched again in the eleven hours since.
The low of 55.98 was at 11-07 23:00; it didn't manage to hold there either.
Funding rate: -0.0103%; shorts are paying overnight fees, but the pool is thin, so they're not paying much.
The whole market did $3.93 million in 24 hours; that 14:00 candle had only 2,261 contracts.
I only go by two rules: go long if it gets back above 57.44; if it loses 55.98, watch the next level.
If neither happens, I'll just sit tight. Anyone who wants this middle stretch can have it.
(Not investment advice; you are responsible for your own profits and losses)