SUI up +16% and over 70% of both the entire floor and Top traders are stuffing Long orders—this ship is heavy like this, will the MM just let it be?
• Global L/S: 2.35 (70.1% are Long)
• Top Trader L/S: 2.52 massively pushing down the Long side
• Hard resistance at 1.22 right above our heads, OI swelling to nearly 170M
With the ship packed this tight, which side are you on, guys:
1. Go Long with the wave straight up to 1.3?
2. Wait for a Short and snap off the wick for liquidation around 1.05?
Comment 1 or 2 to show your side and see who blows up first! 👇
$SUI #Crypto #BinanceSquare
• Global L/S: 2.35 (70.1% are Long)
• Top Trader L/S: 2.52 massively pushing down the Long side
• Hard resistance at 1.22 right above our heads, OI swelling to nearly 170M
With the ship packed this tight, which side are you on, guys:
1. Go Long with the wave straight up to 1.3?
2. Wait for a Short and snap off the wick for liquidation around 1.05?
Comment 1 or 2 to show your side and see who blows up first! 👇
$SUI #Crypto #BinanceSquare