Trying to short $APR right now is absolute suicide for your capital.
70 long whales are sitting on a massive $6.21M in position value, holding over $2.10M in unrealized profits with a dominant 98.57% profitability rate from an average entry of 0.2880. On the flip side, 50 short whales are completely trapped underwater from an average entry of 0.3192, bleeding nearly -$879.3K in unrealized losses as the price surges +115.33% up to 0.4354. With a strong Notional Long/Short ratio of 188.35%, these trapped bears are being forced into massive liquidations that will continue to fuel the rally higher.
I am not standing in front of this parabolic train. I am opening a long position right now to capitalize on the ongoing short squeeze.
My Trade Setup:
• Entry: 0.4250 - 0.4380
• Take Profit 1: 0.5200
• Take Profit 2: 0.6100
• Stop Loss: 0.3800
Are you going to get crushed alongside the trapped bears or ride the squeeze higher with the winning whales?
70 long whales are sitting on a massive $6.21M in position value, holding over $2.10M in unrealized profits with a dominant 98.57% profitability rate from an average entry of 0.2880. On the flip side, 50 short whales are completely trapped underwater from an average entry of 0.3192, bleeding nearly -$879.3K in unrealized losses as the price surges +115.33% up to 0.4354. With a strong Notional Long/Short ratio of 188.35%, these trapped bears are being forced into massive liquidations that will continue to fuel the rally higher.
I am not standing in front of this parabolic train. I am opening a long position right now to capitalize on the ongoing short squeeze.
My Trade Setup:
• Entry: 0.4250 - 0.4380
• Take Profit 1: 0.5200
• Take Profit 2: 0.6100
• Stop Loss: 0.3800
Are you going to get crushed alongside the trapped bears or ride the squeeze higher with the winning whales?