Opened a short on Lobster at 0.048u this morning, 10x leverage. It's now up 1.5x.
I was watching just one number at the time: the long/short ratio was nearing 1.9, with 65% of accounts going long. You guys know what happens when a meme coin gets overcrowded.
It tried twice to break above that 0.0549 high and couldn't hold. The smart money had already bailed; everyone left was just piling in after them.
I don't go where the crowd is packed in. I take the other side.
The 0.042 target just got broken through, with a low of 0.0412.
If you're short with me, move your stop loss to breakeven at 0.048. I'll post updates on what happens next in the community.
#龙虾 $龙虾
I was watching just one number at the time: the long/short ratio was nearing 1.9, with 65% of accounts going long. You guys know what happens when a meme coin gets overcrowded.
It tried twice to break above that 0.0549 high and couldn't hold. The smart money had already bailed; everyone left was just piling in after them.
I don't go where the crowd is packed in. I take the other side.
The 0.042 target just got broken through, with a low of 0.0412.
If you're short with me, move your stop loss to breakeven at 0.048. I'll post updates on what happens next in the community.
#龙虾 $龙虾