$MVLL reports 24.55000, down 13.097% over 24 hours. Open position size: 76214.69. Funding rate is 0.
I think this is a reshuffling of longs and shorts after deleveraging. The price drops sharply, but the funding rate hasn’t turned negative yet—shorts aren’t crowded still, and the rebound lacks the fuel that would come from a short squeeze.
I won’t chase; I’ll only buy spot in batches around 24.55000. If it continues to weaken, I’ll extend the buying intervals and won’t use contracts to catch the falling knife.
Trading tag: #TradFi #链上美股 #MVLL
Technically, where is the key support level for MVLL?
I think this is a reshuffling of longs and shorts after deleveraging. The price drops sharply, but the funding rate hasn’t turned negative yet—shorts aren’t crowded still, and the rebound lacks the fuel that would come from a short squeeze.
I won’t chase; I’ll only buy spot in batches around 24.55000. If it continues to weaken, I’ll extend the buying intervals and won’t use contracts to catch the falling knife.
Trading tag: #TradFi #链上美股 #MVLL
Technically, where is the key support level for MVLL?