Bitunix lists NuScale Power (SMRUSDT) perp: lower highs from 5.834 to 5.35

About NuScale

NuScale Power (NYSE: SMR) designs small modular nuclear reactors, factory-built units meant to be cheaper and faster to deploy than traditional plants. It was the first SMR design to receive US Nuclear Regulatory Commission design approval. The stock trades on the nuclear and AI-power-demand narrative, which makes it far more volatile than a typical energy name.

Contract basics

• USDT-M perpetual, launched 3:00 AM ET
• Up to 25x leverage
• VIP 0 fees: 0.02% maker, 0.06% taker
• Funding every 8 hours with a ±2% cap, next print 7:00 PM ET

Live read, 3:40 PM ET

The chart in plain terms

The 9:30 candle flushed to 5.519, then buyers ran it to 5.834 by 10:30. That was the top. Every 15m high after it came in lower: 5.812, 5.762, 5.747, 5.728, and so on down the afternoon. The 2:30 PM candle hit 5.352, and the bounce since has only reached 5.453.

My lean: short below 5.47

That level is where the 1:45 PM and 2:00 PM candles broke down, and it should now act as resistance. A 15m close above 5.49 invalidates the short. A clean break of 5.352 would put the morning range out of reach and leave the day's lows open.

The long case is a reversal off 5.35 that holds above 5.47 into the evening. Volume was much heavier in the morning bars than in this afternoon's sell-off, so the selling isn't aggressive. Just persistent.

One thing to check before holding a short: the public funding feed read -2% at 3:40 PM, which is the floor of its ±2% cap. If that holds at the 7 PM print, shorts pay longs.

Risks

• The order book is thin, so expect wicks and size small.
• Nuclear names react sharply to policy and contract headlines.
• The underlying stock closes at 4 PM ET while the perp stays open.

Key levels: 5.834 / 5.49 / 5.47 / 5.352

Are you trading the nuclear theme through perps like this, or sticking with the crypto majors?