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TF_bnb
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Haussier$BTR is one of those coins where the obvious trade can become trade can become a the Trade.
It exploded from roughly $0.03 to $0.22, then flushed back toward $0.15-$0.16. With spot liquidity reduced after exchange delistings, the move became extremely easy to manipulate and heavily shorted positions likely added fuel to the squeeze.
Now price is stabilizing around $0.19 while sentiment has turned bearish again.
Open big long $BTR now , print money later
Stoploss : 0.15
Take profit : 0.3
What interests me is that we already saw the same behavior earlier. When $BTR was near $0.12 and most expected another collapse, it pushed all the way to $0.22.
In my view, if this new base holds and shorts keep piling in, another squeeze toward the previous high, or even a fresh high, cannot be ruled out.
It exploded from roughly $0.03 to $0.22, then flushed back toward $0.15-$0.16. With spot liquidity reduced after exchange delistings, the move became extremely easy to manipulate and heavily shorted positions likely added fuel to the squeeze.
Now price is stabilizing around $0.19 while sentiment has turned bearish again.
Open big long $BTR now , print money later
Stoploss : 0.15
Take profit : 0.3
What interests me is that we already saw the same behavior earlier. When $BTR was near $0.12 and most expected another collapse, it pushed all the way to $0.22.
In my view, if this new base holds and shorts keep piling in, another squeeze toward the previous high, or even a fresh high, cannot be ruled out.
Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.