Guys, the drop has finally started. 👀
I’m opening a LARGE short position in $Q here.
TP: $0.122
SL: $0.201
It looks like the latest liquidation of short positions has already happened, and a large number of short sellers have been flushed out of the market.
That’s exactly what I was waiting for.
After that liquidation, there doesn’t seem to be much liquidity left above, while the price is already showing weakness from the highs.
If sellers take control from here, $Q could plunge hard, and these moves can happen quickly when momentum shifts.
I don’t want to miss this quick opportunity if the real sell-off is starting now.