When price is held up by elevated OI and perp flow, the unwind is usually fast and vertical. I’m not in a trade right now, but this looks like one of those names where flashy shorts can pay when it finally turns. I will update $PLAY in future.
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When price is held up by elevated OI and perp flow, the unwind is usually fast and vertical. I’m not in a trade right now, but this looks like one of those names where flashy shorts can pay when it finally turns. I will update $PLAY in future.