$GTC Heavy-volume selling—don't go all-in short!
After a short-term surge in volume, a sharp pullback will only let major players buy in lower and ride the rebound. Blindly going all-in and gambling on a position will only give the market manipulators another chance to take your money.
On-chain fund flows show that $293,600 worth of short positions were liquidated within an hour. The major bulls are currently buying in lower to support a short-term rebound. Without continued inflows, this altcoin—which has been hyped for over ten days—will only end up falling.
Looking at the chart, the price has now pulled back to the 0.28–0.25 support zone, where buyers may step in. Keep an eye out for a continued short-term rebound.
Hao Ge's advice 🔥 If you haven't entered yet, consider opening a short position in batches on the rebound 🔥. Targets: around 0.2–0.178. Set a stop-loss at a level you're comfortable with.
$BTW #GTC
After a short-term surge in volume, a sharp pullback will only let major players buy in lower and ride the rebound. Blindly going all-in and gambling on a position will only give the market manipulators another chance to take your money.
On-chain fund flows show that $293,600 worth of short positions were liquidated within an hour. The major bulls are currently buying in lower to support a short-term rebound. Without continued inflows, this altcoin—which has been hyped for over ten days—will only end up falling.
Looking at the chart, the price has now pulled back to the 0.28–0.25 support zone, where buyers may step in. Keep an eye out for a continued short-term rebound.
Hao Ge's advice 🔥 If you haven't entered yet, consider opening a short position in batches on the rebound 🔥. Targets: around 0.2–0.178. Set a stop-loss at a level you're comfortable with.
$BTW #GTC