🚨 $APR SHORT SETUP. 👀
The chart is bleeding out, and the on-chain data shows exactly why.
About 7 hours ago, a wallet (0xb0d...) transferred nearly 18M $APR directly to exchanges. We tracked 10.967M tokens (~$566K) hitting Coinbase and another 7M tokens (~$364K) moving to Bitget.
That is nearly $1M in potential sell pressure hitting the books right as the chart breaks down.
Price is sitting around $0.0486. The momentum is gone, and the whales are distributing.
Entry: ~$0.04867
TP1: $0.04300
TP2: $0.03800
TP3: $0.03098
SL: $0.05964
Trade the structure, follow the flows, and protect your downside. 🫡
The chart is bleeding out, and the on-chain data shows exactly why.
About 7 hours ago, a wallet (0xb0d...) transferred nearly 18M $APR directly to exchanges. We tracked 10.967M tokens (~$566K) hitting Coinbase and another 7M tokens (~$364K) moving to Bitget.
That is nearly $1M in potential sell pressure hitting the books right as the chart breaks down.
Price is sitting around $0.0486. The momentum is gone, and the whales are distributing.
Entry: ~$0.04867
TP1: $0.04300
TP2: $0.03800
TP3: $0.03098
SL: $0.05964
Trade the structure, follow the flows, and protect your downside. 🫡
