New on BloFin: $PREDICT.USDT perp from Predict, a BNB Chain prediction market, up to 5x
BloFin PREDICT-USDT perp notes, official BloFin data around 10:45 AM ET Oct 26:
What it is: Predict is a prediction market on BNB Chain, and PREDICT is its token. The BloFin USDT perp went live this morning at about 5:30 AM ET with max 5x.
Live stats: last about 1.45, 24h range 1.4184 to 1.5213, 24h open 1.4997. Volume is about 4.3K PREDICT so far, which is very thin. Funding is +0.0034% per 4h, capped at ±3%.
Setup: on the 1h chart there is a rejection at 1.5213 and price is drifting under the open. A loss of the 1.4184 wick low opens room for more downside.
Invalidation: a 15m close above 1.5213.
Risk: 5x cap, low volume and a new listing. Wicks can be violent. Not financial advice.
Bias: SHORT. Price is around 1.45 after a rejection at 1.5213, still under the 1.4997 open.
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