Be careful for shorts 🚨
Every week, there are a few coins that pump over 50% in a day, and we don't know the reason behind it.
Right now, we are witnessing a major pump every week that is just liquidating every short.
First it was #CYBER, then it was #PERP, and currently it's #TRB and #HIFI.
If you are shorting these coins, then 👇
- Use a small percentage of your futures portfolio
- Keep low leverage
- Set stop loss
No TA or FA will work on these coins, as they are solely there to liquidate as many people as possible.
The whales are profiting both ways from this, first by buying it on the spot, pumping it like crazy, liquidating shorts, and then shorting at the top to trap the greedy longs.