Chutes
SN64 · detected 18 days ago
StatusClosed
Detected at$16.7800▼ 11.2%in 24h
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The move that put this coin on our radar.
Since detection$17.1000▲ 1.9%
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Price change since this swing was detected.
Voting closed
End result▲ UP
12 votesLatest news about Chutes
No recent news found for this coin.
Discussion
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Negative funding with longs adding just means someone's fading the panic, that's literally textbook mean reversion setup, not everything needs to "make sense" in the moment, that's kind of the whole trade.
High volume down is the part that makes me nervous, that's not just profit taking, that's people leaving. Sitting on my hands for now.
Longs still adding while funding flips negative, make it make sense