🔥 $NTRN is going wild right now – classic short squeeze in full swing!
Volume: That 1.2B spike during the rally was insane (normal is like 50M). Price just exploded 37.65% with real buying pressure. Even now volume's holding strong at ~220M, so this isn't fizzling out yet.
Capital flows: Spot side is loading up (+171K net in 24h), but perps are bleeding outflows (-70K). That's textbook divergence – spot buyers (probably smart money) are absorbing while leveraged shorts get wrecked. Funding rates are super negative, screaming squeeze.
Price action $NTRN : Rejected that 0.02407 bottom hard with huge volume, tons of pin bars at lows, then bam – engulfing candles taking over. Looks like accumulation to me.
My play $NTRN : Cautiously long, but not chasing the top.
Entry: Looking for a pullback to 0.03200–0.03350 (broken resistance now support).
SL: 0.03050 (under today's key level).
Targets:
- First: 0.03617 (old high)
- Next: 0.03850 (measured move) if it keeps ripping.
This has all the ingredients: extreme funding, spot accumulation, technical momentum. Just gotta be patient and not FOMO in. #NTRN #NTRNUSDT #Neutron