🚨 $Q just suffered a brutal rejection, and the downside risk is starting to look serious. 👀
Whales are still 63% long, smart traders 61% long, with $7.79M in whale longs versus $4.55M in shorts.
But here’s the problem: heavy long positioning after a sharp dump could become fuel for another leg down.
If price keeps failing to recover, those crowded longs may turn into forced sellers, accelerating the next flush.
I’m watching for a breakdown. The bulls may be trapped. 🩸
Now guys I am openi...