HOODUSDT (Perp) is a newly listed perpetual futures contract that has not opened for trading yet (hence the countdown and all values showing 0.00).

Here’s what you should know 👇

🔹 What is HOODUST?

• $HOOD is a low-cap / emerging crypto token (not related to Robinhood despite the similar name).

• It’s typically categorized as a community / meme-style or experimental project (very early stage).

• Spot liquidity is usually thin, which is why exchanges often launch perpetual futures first to attract traders.

🔹 What your screen tells us

• HOODUSDT Perpetual Futures

• Trading not live yet (countdown active)

• No price, no volume, no high/low → price discovery hasn’t started

• Once live, volatility is usually extreme in the first minutes

🔹 Important risks 🚨

Since this is a new perp listing:

• ⚠️ Very high volatility at open

• ⚠️ Possible large spreads & slippage

• ⚠️ Funding rates can spike fast

• ⚠️ Whales / bots often dominate early moves

🔹 Typical launch behavior (what often happens)

1. First 1–5 minutes: wild wicks up & down

2. Liquidity improves slowly

3. One side (long or short) gets trapped

4. Sharp squeeze follows 😅

🔹 If you plan to trade it

• Use small size

• Avoid market orders at launch

• Watch open interest + funding

• Let the first candle close before doing anything smart

If you want, tell me:

• 👉 Are you planning to long or short?

• 👉 Or do you want a launch-trade strategy (safe vs aggressive)?

I’ve got you 👍 $BTC $ETH #Hoodusdt #hoIdings #StrategyBTCPurchase #USCryptoMarketStructureBill #WhenWillBTCRebound