$AIN It finally dropped, guys. I have to say, this coin’s recent rally was quite long and strong. Today’s drop was relatively quick, but I’m leaning toward a price recovery, especially since there are signs of a pretty good lower-wick rejection. The 0.3–0.32 resistance zone has rejected the price twice, showing fairly strong selling pressure. However, the 0.23 ~ 0.26 zone is an area where the price held out for a long time before. Short accounts are dominating long accounts, and funding is also quite high. So I’m not leaning toward continuing to short right now. Don’t assume shorting is safe just because the price has dropped sharply.
<••> This is not financial investment advice.
$AIN