$Q Preparing for a major move.
After long positions were liquidated, some traders began opening short positions. They will most likely continue holding these positions until they, too, are liquidated.
I expect the price to rise to between $0.20 and $0.30 in the near term.
After long positions were liquidated, some traders began opening short positions. They will most likely continue holding these positions until they, too, are liquidated.
I expect the price to rise to between $0.20 and $0.30 in the near term.