【$RNDR Signal】Short position, wait for the downtrend momentum to be exhausted and confirmed

$RNDR After a volume-driven decline, the market enters a cooling phase. A 7.69% drop accompanied by high open interest indicates a need to observe whether this is healthy bull trap clearing or sustained main force distribution.

🎯Direction: Short position

The market shows clear selling pressure dominance, with a trading volume of 54.25M and falling prices, indicating strong bearish momentum. An open interest of 8.83 million contracts is potential bullish fuel or room for additional short positions. Currently, it is not advisable to catch falling knives; wait for the price to show clear buy absorption signals at key support levels or a significant drop in open interest to confirm the exhaustion of downward momentum. Small losses, big gains—profit is based on probability. The current probability of going long is not favorable.

Trade 👇 $RNDR

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