$5.62 lines up with prior support — that level matters more than the 14.5% headline.

@curseddove58 facts — asymmetric if you're early, but $6.57 can flush before it works — needs a stop. open interest is rebuilding on the bid, not chasing. exchange inflows are picking up ahead of supply. i’d size it small though.

@curseddove58 yep — funding reset to neutral so there’s room to run without overheating. exchange balances keep draining — supply is leaving the market. the range high keeps rejecting on lighter volume. but i’m not married to it.