$Lobster I've started to seriously keep an eye on this.
The price has already moved a bit, so I won't mindlessly chase it here; the key is to see if it can bounce back and hold.
Currently, the key points I see:
- Open interest is clearly elevated
- Buying pressure hasn't retreated
- Funding rates aren't going haywire
- Volume is starting to pick up
My first entry price: 0.011945
At this position, I won't go in heavy, but I'll grab a small position to test the waters.
If it picks up volume and the price stabilizes, this structure could potentially accelerate.
This is a trading share, not a call for you to dive in blindly; I'll be using risk management to engage.
The price has already moved a bit, so I won't mindlessly chase it here; the key is to see if it can bounce back and hold.
Currently, the key points I see:
- Open interest is clearly elevated
- Buying pressure hasn't retreated
- Funding rates aren't going haywire
- Volume is starting to pick up
My first entry price: 0.011945
At this position, I won't go in heavy, but I'll grab a small position to test the waters.
If it picks up volume and the price stabilizes, this structure could potentially accelerate.
This is a trading share, not a call for you to dive in blindly; I'll be using risk management to engage.