$BAT Heavy selling pressure at higher levels; a pullback may be coming!!
On the daily chart, price is currently facing short-term resistance in the 0.180–0.185 zone. If it breaks above this level, we may see daily resistance around 0.2.
From a liquidation perspective, there are roughly $550,000 worth of short positions clustered around 0.2, with a concentration of highly leveraged short positions likely to be liquidated just above that level.
The top ten whales on-chain hold 38.9% of the total supply, and their holdings are relatively dispersed. This suggests that the market is not under tight control by major players. Going forward, we only need to watch whether whale wallets continue to increase their holdings and whether funds flow in alongside price rises.
So Hao believes you can enter short positions in batches between 0.19 and 0.2, while keeping your position size under control.
If market conditions change, Hao will let you know right away 👇👇
$W #BAT.每日智能策略
On the daily chart, price is currently facing short-term resistance in the 0.180–0.185 zone. If it breaks above this level, we may see daily resistance around 0.2.
From a liquidation perspective, there are roughly $550,000 worth of short positions clustered around 0.2, with a concentration of highly leveraged short positions likely to be liquidated just above that level.
The top ten whales on-chain hold 38.9% of the total supply, and their holdings are relatively dispersed. This suggests that the market is not under tight control by major players. Going forward, we only need to watch whether whale wallets continue to increase their holdings and whether funds flow in alongside price rises.
So Hao believes you can enter short positions in batches between 0.19 and 0.2, while keeping your position size under control.
If market conditions change, Hao will let you know right away 👇👇
$W #BAT.每日智能策略