AIA/USDT Update (PERP) - as of January 20, Time to Be Careful!
📈 Price Action: Strong rally +57% in a short period. Price now at ~0.314.
📊 Momentum: RSI overbought (68-100), a sign of possible correction.
💰 Derivative Data:
· Cumulative Volume Delta (CVD) EXTREMELY NEGATIVE (-975M). Smart money sells during the rally.
· Volume drops drastically (from hundreds of millions to 2.6M), rally loses momentum.
· Positive funding rate, incentive to short.
🎯 Bias: Bearish for correction/pullback.
🔎 Best Edge: Wait for confirmation of rejection at resistance to SHORT.
📍 Important Areas:
· Resistance: 0.339 & 0.398
· Support: 0.314 (current) -> 0.279 -> 0.265
· Entry Short: Rejection at 0.339 or break & close below 0.314.
· Stop Loss: Just above entry.
· Target: 0.279 -> 0.265 -> 0.214
⏳ Window: Signal may appear in the next 6-16 hours.
🤔 Probability: 70% chance of a downward correction, 30% chance of further upward movement (needs high volume).
Brief Conclusion: The rally looks exhausted with large sell signals behind the scenes. Don't FOMO long. Wait for a neat or safe short setup on the sidelines. No setup = NO TRADE.
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