I'm opening a BIG LONG on $PREDICT here.
TP: $1.1700
SL: $0.9772 👇🏻
PREDICTUSDT
Perp
1.0467
+7.63%
I know $PREDICT has been dumping hard from $1.2197, but I actually like what I'm seeing at this level. Buyers just bounced strongly from $0.9275 support and are now trying to hold above $1.0467, and there's a massive amount of short sellers' liquidity sitting above us.
I think the market could go after that liquidity next, and if I'm right, $1.1700 shouldn't be too far away.
I'm taking my chances here.
Let's see if those shorts get squeezed.
TP: $1.1700
SL: $0.9772 👇🏻
PREDICTUSDT
Perp
1.0467
+7.63%
I know $PREDICT has been dumping hard from $1.2197, but I actually like what I'm seeing at this level. Buyers just bounced strongly from $0.9275 support and are now trying to hold above $1.0467, and there's a massive amount of short sellers' liquidity sitting above us.
I think the market could go after that liquidity next, and if I'm right, $1.1700 shouldn't be too far away.
I'm taking my chances here.
Let's see if those shorts get squeezed.
