Guys, buyers on $HOT are starting to get wiped out, and I think most of them don't see it yet 🔻
I'm opening a short on $HOT here
TP: 0.00036-0.00032
Invalidation: 0.00047
I showed you on the chart that there are many support levels below price, and there is higher liquidity waiting at those levels. Price is usually pulled toward liquidity like that, and right now it is sitting on the downside.
One more thing to notice. When a slow move suddenly meets higher volume, the trend can change very quickly. That is exactly the kind of shift I'm seeing here.
Because of this I'm expecting a drop of around 26% from this area, with targets at 0.00036 first and then 0.00032 💯
Are you shorting $HOT with me? Tell me in the comments 👇🏻
I'm opening a short on $HOT here
TP: 0.00036-0.00032
Invalidation: 0.00047
I showed you on the chart that there are many support levels below price, and there is higher liquidity waiting at those levels. Price is usually pulled toward liquidity like that, and right now it is sitting on the downside.
One more thing to notice. When a slow move suddenly meets higher volume, the trend can change very quickly. That is exactly the kind of shift I'm seeing here.
Because of this I'm expecting a drop of around 26% from this area, with targets at 0.00036 first and then 0.00032 💯
Are you shorting $HOT with me? Tell me in the comments 👇🏻
