【$COMMON Signal】Short position + Volume breakout downward
$COMMON is experiencing a volume-driven plunge, with a single-day drop exceeding 35%, indicating strong selling pressure dominates the price action.
🎯 Direction: Short position (NoPosition)
The chart shows typical panic selling, with high trading volume accompanied by a sharp decline in price. Market logic suggests that one should consider open interest to determine whether it is a liquidation of longs or main force distribution. Currently, there are no signs of bottoming or accumulation in the price action; any contrarian bottom-fishing is a left-side game and does not have a probabilistic advantage. Patience is needed until selling pressure exhausts and the price structure rebuilds.
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AllFisherman
· 4h ago
Thank you, 牛. Your sharing is very helpful to me. I have been following you and look forward to your精彩预判.
【$COMMON Signal】Short position + Volume breakout downward
$COMMON is experiencing a volume-driven plunge, with a single-day drop exceeding 35%, indicating strong selling pressure dominates the price action.
🎯 Direction: Short position (NoPosition)
The chart shows typical panic selling, with high trading volume accompanied by a sharp decline in price. Market logic suggests that one should consider open interest to determine whether it is a liquidation of longs or main force distribution. Currently, there are no signs of bottoming or accumulation in the price action; any contrarian bottom-fishing is a left-side game and does not have a probabilistic advantage. Patience is needed until selling pressure exhausts and the price structure rebuilds.
Trade 👇 here $COMMON
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