๐จ๐ $PIEVERSE โ TRAP SHORT SCRIPT โ TRAP LONG โ STRONG DUMP ๐๐ฅ
Many people are asking why PIEVERSE just pumped to 0.557 despite the previous large selling pressure.
The answer is very simple: Liquidity Trap.
In futures, sharks usually follow 3 familiar steps:
1๏ธโฃ Lightly push down to get everyone to SHORT
2๏ธโฃ Pump back up to liquidate weak SHORTs
3๏ธโฃ Then actually dump to sweep LONGs
And currently $PIEVERSE is at step number 2.
๐ Current market data
โข Orderbook: 71% SELL
โข Large sell wall: ~0.558 โ 0.560
โข LONG liquidity lies below 0.55
This indicates that if the 0.56 zone is rejected, the price could turn around very quickly.
๐ฏ High probability scenario
Pump โ Trap SHORT
Pump more โ Trap LONG
Then โ Strong dump
๐ฏ Targets
โข 0.535
โข 0.520
โข 0.49
๐ก Crypto is not a place where price follows emotional logic.
It follows where there is the most liquidity.
And currently, LONG liquidity is lying below.
๐ฅ When the dump starts, the market often does not give a chance to get back in.
โณ Those who understand liquidity structure will always be ahead of the market.
#Pieverse #CryptoTrading #FuturesTrade