$RLC — 133% in 24 hours and it just gutted the shorts. 🩸
About $5.3M in leveraged shorts wiped out. And here's the interesting part — retail is still leaning bearish. Long positions dropped from 71% to 39% this week. Meanwhile whales are sitting 77% long.
Follow the money, not the crowd. Whale longs: $4.48M** around **0.6275**. Whale shorts: just **$1.37M around 0.7345.
$1.00 is the wall now. Hold above it and shorts get squeezed even harder. Lose 0.7345 and the squeeze is running out of fuel.
Watch those two levels. Everything else is noise. 👊#RLC
About $5.3M in leveraged shorts wiped out. And here's the interesting part — retail is still leaning bearish. Long positions dropped from 71% to 39% this week. Meanwhile whales are sitting 77% long.
Follow the money, not the crowd. Whale longs: $4.48M** around **0.6275**. Whale shorts: just **$1.37M around 0.7345.
$1.00 is the wall now. Hold above it and shorts get squeezed even harder. Lose 0.7345 and the squeeze is running out of fuel.
Watch those two levels. Everything else is noise. 👊#RLC
