🚨 ROSE/USDT : Capitulation in progress! The whales have taken full control. 🩸
A few days ago, I warned you about the risk of liquidating Longs. The market has just validated this scenario brutally. Look at the extent of the damage in the on-chain data:
📉 The verdict is clear:
The price has broken the key support at 0.007489 and is now trading at 0.007437 (-5.48%). The drop is violent.
🐋 The Whales have taken power:
There are now 107 Short whales (vs 63 Long). They have massively added Short positions. Their average entry price is 0.0075028, and they are now in profit. They have won their bet.
🔥 Longs are trapped:
The “Smart Traders” Longs show an unrealized loss of -7,784 USDT. Their profitability ratio has fallen to 43.66%. Panic is setting in. Open Interest collapses, and Long positions are liquidated in a cascade.
⚠️ Warning: The RSI is at 27!
RSI(6) is in extreme oversold territory. This means the sell-off is very intense and a technical rebound (a “relief”) could happen at any moment. This is the time to be cautious and secure your gains.
🎯 Next target:
As long as the price stays below 0.007500, the trend remains bearish. The next major support is at 0.007305 (my TP1). If this level breaks, the cascade could accelerate toward 0.007000.
This is not financial advice. Protect your capital.
A few days ago, I warned you about the risk of liquidating Longs. The market has just validated this scenario brutally. Look at the extent of the damage in the on-chain data:
📉 The verdict is clear:
The price has broken the key support at 0.007489 and is now trading at 0.007437 (-5.48%). The drop is violent.
🐋 The Whales have taken power:
There are now 107 Short whales (vs 63 Long). They have massively added Short positions. Their average entry price is 0.0075028, and they are now in profit. They have won their bet.
🔥 Longs are trapped:
The “Smart Traders” Longs show an unrealized loss of -7,784 USDT. Their profitability ratio has fallen to 43.66%. Panic is setting in. Open Interest collapses, and Long positions are liquidated in a cascade.
⚠️ Warning: The RSI is at 27!
RSI(6) is in extreme oversold territory. This means the sell-off is very intense and a technical rebound (a “relief”) could happen at any moment. This is the time to be cautious and secure your gains.
🎯 Next target:
As long as the price stays below 0.007500, the trend remains bearish. The next major support is at 0.007305 (my TP1). If this level breaks, the cascade could accelerate toward 0.007000.
This is not financial advice. Protect your capital.
