【$COMMON Signal】Short position + volume breakout

$COMMON Single-day drop of over 30%, accompanied by high trading volume and open interest, presenting a typical pattern of main force distribution / long squeeze. Market logic suggests the need to consider open interest for judgment; current price action indicates selling pressure dominates, with no effective support structure.

🎯 Direction: Short position

Market logic: Price breaks below key support with increased volume; a 30% decline is not a healthy correction but the result of trend-driven selling. The trading volume of 7.69M and open interest of 514 million indicate high market participation, but the trend is clearly downward. Price action (PA) shows unilateral selling with no obvious signs of buy absorption; any rebound may face selling pressure from trapped traders. Currently, it is advisable to wait for selling pressure to exhaust and for a new market structure to form.

Trade 👇 $COMMON
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