📉 Downward Warning

14.76% drop breached 0.37 USDT, market cap 379 million, FDV 379 million, circulating supply 100%, high circulation + low market cap = 'volatile market'.

📊 Long/Short Overview

- Market Depth: Buy 1/Sell 1 at 50,000 USDT, market price of 100,000 dollars can trigger a 1% drop, low slippage = suitable for market orders.

- Funding Rate: Current 0↘-0.01%/8h, bearish dominance, high cost for bulls.

- Position Growth Rate: 24h contract positions -10%, spot trading -5%, contract premium -0.5%, bears overwhelming.

- Unlock Calendar: Next unlock 2026-Q1, no selling pressure in the last 3 months, time window is safe.

🚦 Key level

- Bull defense line: 0.35 USDT (Fibonacci 0.618)

- Bearish counterattack: 0.40 USDT (integer level)

- Intraday pivot: 0.37 USDT, breaking below looks at 0.33 (Fibonacci 0.5)

📉 Sniping script

① Rebound short: 0.37–0.38 rebounds meet resistance, 15 min top divergence appears, short position enters, stop-loss at 0.39, target 0.35 (R:R 1:2).

② Breakout short: 0.35 volume breaks below, 1h closes solid bearish candle, add to short, stop-loss at 0.355, target 0.33 (R:R 1:3).

③ Extreme acceleration: If a 1h solid bearish candle breaks below 0.33 and positions further decrease by -10%, directly pursue short, stop-loss at 0.335, target 0.30 (bearish acceleration segment).

⚠️ Risk Control

- Circulating supply up to 100%, chips dispersed, 100,000 dollars can insert a pin 2%, must place orders.

- The narrative is 'decentralized payment', an old concept with no new benefits, purely driven by emotions, and the vacuum period for benefits may collapse at any time.

- Maximum perpetual position 1000 contracts, slippage protection threshold 15%, extreme market conditions may not allow timely stop-loss, place conditional orders in advance.

📌 One-sentence conclusion

0.35 not breaking can attempt to seize the rebound, breaking below turns to short; 0.38 meets resistance or rate turns positive, can short at any time. Small position + conditional order + limit order, take a wave of 'high circulation + old narrative' volatile market!