Attempting to short $INX at these levels is a direct path to getting your capital liquidated.
55 long whales are sitting comfortably on $694.26K in current positions with over $139.5K in unrealized profit at an 81.81% win rate, anchored by an average entry of 0.00814. On the opposite end, 37 short whales are completely trapped underwater at an average entry of 0.00868, bleeding over -$87.5K in losses while price sits up +23.15% at 0.01019. With a 117.46% Notional Long/Short ratio, the trapped bears are going to be forced out in another short squeeze expansion.
I am aligning with the smart money bulls. I am opening a long position on the current consolidation before the next vertical pump.
My Trade Setup:
• Entry: 0.00990 - 0.01025
• Take Profit 1: 0.01210
• Take Profit 2: 0.01450
• Stop Loss: 0.00890
Are you going to get crushed with the trapped bears or bank profits alongside the winning whales?
55 long whales are sitting comfortably on $694.26K in current positions with over $139.5K in unrealized profit at an 81.81% win rate, anchored by an average entry of 0.00814. On the opposite end, 37 short whales are completely trapped underwater at an average entry of 0.00868, bleeding over -$87.5K in losses while price sits up +23.15% at 0.01019. With a 117.46% Notional Long/Short ratio, the trapped bears are going to be forced out in another short squeeze expansion.
I am aligning with the smart money bulls. I am opening a long position on the current consolidation before the next vertical pump.
My Trade Setup:
• Entry: 0.00990 - 0.01025
• Take Profit 1: 0.01210
• Take Profit 2: 0.01450
• Stop Loss: 0.00890
Are you going to get crushed with the trapped bears or bank profits alongside the winning whales?