#API3 A sudden pump out of nowhere—large amounts of market-maker capital are entering, first to shake out a wave of shorts.
At the moment, it looks like once the first wave of shorts has been shaken out, a second wave of late short sellers will enter and get shaken out too. The price should move higher again.
It’s best to place a limit order to enter a short at 0.45. Going short blindly could get you squeezed. Placing a limit order at a higher level is very low-risk.
At the moment, it looks like once the first wave of shorts has been shaken out, a second wave of late short sellers will enter and get shaken out too. The price should move higher again.
It’s best to place a limit order to enter a short at 0.45. Going short blindly could get you squeezed. Placing a limit order at a higher level is very low-risk.
