They call it an obvious dip, but I call it a brutal slaughterhouse where retail is walking straight into a trap! 🔥
Look at $SPCX right now. Total traders positions sit at 135.52M across 662 traders with a 18.92% Notional Long / Short Ratio. Right now, 246 traders are holding 21.56M in loss with an average entry price of 116.79649, bleeding -308,420.28 unrealized PnL (46.34% profitable). Meanwhile, 416 traders are printing massive fortunes holding 113.95M in profit with an average entry price of 132.16402, soaring with +16,837,165.90 unrealized PnL (58.65% profitable). Volume shows 43 traders buying 1.53M against 90 sellers moving 1.52M. I am positioning myself strategically based on these smart money flows.
* **Setup**: $SPCX Perpetual
* **Direction**: I am entering short to ride the heavy downside continuation.
* **Entry Zone**: 114.50 - 115.80
* **TP1**: 111.00
* **TP2**: 107.50
* **TP3**: 103.00
* **Stop Loss**: 118.20
Look at $SPCX right now. Total traders positions sit at 135.52M across 662 traders with a 18.92% Notional Long / Short Ratio. Right now, 246 traders are holding 21.56M in loss with an average entry price of 116.79649, bleeding -308,420.28 unrealized PnL (46.34% profitable). Meanwhile, 416 traders are printing massive fortunes holding 113.95M in profit with an average entry price of 132.16402, soaring with +16,837,165.90 unrealized PnL (58.65% profitable). Volume shows 43 traders buying 1.53M against 90 sellers moving 1.52M. I am positioning myself strategically based on these smart money flows.
* **Setup**: $SPCX Perpetual
* **Direction**: I am entering short to ride the heavy downside continuation.
* **Entry Zone**: 114.50 - 115.80
* **TP1**: 111.00
* **TP2**: 107.50
* **TP3**: 103.00
* **Stop Loss**: 118.20
