$AIN l know what some of you are thinking after this kind of pump, why short while momentum still looks strong?
Because on the bigger timeframe, $AIN is now pushing into an important reaction area, and the selling pressure I’m watching is starting to show up.
There can still be some manipulation above this level, so I’m keeping the risk fixed and not increasing leverage just because price moves against me for a while.
The other thing I’m watching is the amount of late-buyer liquidity building after this sharp run-up. If buyers fail to hold this area, that liquidity can disappear very quickly and the move down could be much sharper than people expect.
I’m not shorting $AIN just because it pumped.
I’m shorting because the structure, selling pressure and late positioning are starting to line up for me.
One more push can happen first, but if this setup confirms, I’m expecting a hard reset from here. #BinanceSquareTalks #CryptoTrends2024 #AIN
Because on the bigger timeframe, $AIN is now pushing into an important reaction area, and the selling pressure I’m watching is starting to show up.
There can still be some manipulation above this level, so I’m keeping the risk fixed and not increasing leverage just because price moves against me for a while.
The other thing I’m watching is the amount of late-buyer liquidity building after this sharp run-up. If buyers fail to hold this area, that liquidity can disappear very quickly and the move down could be much sharper than people expect.
I’m not shorting $AIN just because it pumped.
I’m shorting because the structure, selling pressure and late positioning are starting to line up for me.
One more push can happen first, but if this setup confirms, I’m expecting a hard reset from here. #BinanceSquareTalks #CryptoTrends2024 #AIN
