I just opened a $50K big short on $MOVR with 10x leverage.
$MOVR pumped too fast and now it is sitting around a strong resistance area.
A lot of shorts already got squeezed in this pump, and now the long side is going to be trapped.
Don’t buy now.
If this resistance keeps rejecting, a strong dump of 40–50% will be more likely.
$MOVR pumped too fast and now it is sitting around a strong resistance area.
A lot of shorts already got squeezed in this pump, and now the long side is going to be trapped.
Don’t buy now.
If this resistance keeps rejecting, a strong dump of 40–50% will be more likely.
