Most traders who short a token after it's already down 30% end up getting squeezed instead of profiting from more downside.
Jumping in late because you don't want to miss the rest of the dump is how accounts get wrecked. The rebound comes faster than anyone expects and liquidations pile up.
$AGT just dropped 30.10% and shorts are lining up like it's a sure thing. After a move that size the easy selling is often done, so any buying on the $AGT $USDT pair can trigger covering that sends it back up quickly. I've seen this exact pattern trap people on similar alts when $BTC isn't crashing.
The real risk isn't missing more downside, it's getting caught in the squeeze that follows these dumps.
Where do you think this goes from here on $AGT?
#AGT #ShortSqueeze #CryptoRisks
Jumping in late because you don't want to miss the rest of the dump is how accounts get wrecked. The rebound comes faster than anyone expects and liquidations pile up.
$AGT just dropped 30.10% and shorts are lining up like it's a sure thing. After a move that size the easy selling is often done, so any buying on the $AGT $USDT pair can trigger covering that sends it back up quickly. I've seen this exact pattern trap people on similar alts when $BTC isn't crashing.
The real risk isn't missing more downside, it's getting caught in the squeeze that follows these dumps.
Where do you think this goes from here on $AGT?
#AGT #ShortSqueeze #CryptoRisks
