$NVDAB $đš $MOVR: Donât Rush the Short Yet.
After a 200%+ pump, $MOVR looks extremely overheated, and many traders are expecting a massive dump back toward the starting levels.
But thatâs exactly why Iâm staying cautious. đ
Thereâs still significant liquidity sitting above the current price. If market makers push higher to sweep those levels, early shorts could become the fuel for another short squeeze. đ„
I wouldnât be surprised to see another +50% to +100% move before the real correction begins.
Eventually, a sharp pullback could happen â but being right about the direction doesnât help if you get liquidated before the move starts. đ
For now, Iâm waiting and watching.
Let everyone fight for the perfect top.
My personal view: $MOVR could eventually revisit the $4 area.
$MOVRUSDT | Perp â ïž Not financial advice.#NFPWatch
#ZcashFalls21%FromSeptemberPeak
#EthereumFoundationLaunchesZkAPIOnMainnet
After a 200%+ pump, $MOVR looks extremely overheated, and many traders are expecting a massive dump back toward the starting levels.
But thatâs exactly why Iâm staying cautious. đ
Thereâs still significant liquidity sitting above the current price. If market makers push higher to sweep those levels, early shorts could become the fuel for another short squeeze. đ„
I wouldnât be surprised to see another +50% to +100% move before the real correction begins.
Eventually, a sharp pullback could happen â but being right about the direction doesnât help if you get liquidated before the move starts. đ
For now, Iâm waiting and watching.
Let everyone fight for the perfect top.
My personal view: $MOVR could eventually revisit the $4 area.
$MOVRUSDT | Perp â ïž Not financial advice.#NFPWatch
#ZcashFalls21%FromSeptemberPeak
#EthereumFoundationLaunchesZkAPIOnMainnet
