Our beloved
$BSB . if I say anything about it's reality, a bunch of nonsense shills get instantly triggered.
At first we look at the liquidation data.
Yesterday liquidation- longs $44.43k and shorts are only $149 USDT. Can you imagine? Only $149 USDT in short liquidations! Volume was $11 million.
Today's data (in 17 hours): $40k in longs, and shorts are only $133 USDT. Today's futures volume is $9 million, spot volume is only $800k.
Now, if I call this a scam coin, some brainless donkeys who are paid by the scammers team get their ass in fire. They want people to catch a falling knife. I tried catching this falling knife myself, and my 1193 USDT is now down to just 190 USDT.
I have no hesitation in admit my fault. I don't use SL. I warned in this square before every single dump, which you can verify by checking my profile. BSB team shut down their social media profile. you can verify by go to their website. I don't spread any false info.
When there is no volume in the market, it creates a gap that causes the market to drop massively. Now the question is- how can a coin dumping straight 69 days without any "real" upward movement?
Whatever little upward moves it gave were all pure bear traps. People bought in more, and the scammer, thug developers intentionally pumped the price just to lure buyers in before dumping it all.
Otherwise, a coin doesn't just dump 90% in a 1-5 minute candle. The thug teams are entirely responsible for this. They are continuously selling off their bags.
Why would people who keep getting trapped buy this coin again? This coin cannot sustain a single retest. A normal coin sustains after a breakout, and then people buy. That is simply not happening here, because it is a scam. Pumping 10% and then dropping 20% instantly. and the bigger dumps coming after consolidation.
Today, look at how it crawled up a tiny bit to 0.13 and is now bleeding again. It will break the local low again.
#scam #scamriskwarning