Significant manipulation has been observed in this coin throughout the day. Initially, strong expectations for $1 led to aggressive long positions, resulting in liquidations for many traders. 🚨
The market appears to be setting up for the next phase: liquidating short traders. This classic manipulation pattern often involves trapping long positions first, followed by a reversal to target shorts. 🔄
Despite the volatility, potential opportunities may still exist. We are seeing increasing volume and building momentum. The recent price dump could be interpreted as a liquidity grab rather than a full market breakdown. 📈
This behavior mirrors past movements, like in $POWER, which saw a fake pump from 0.5 before exploding to 2.3. A similar pattern of rebound potential could unfold here. 💡
A move toward $1 remains a possibility. However, this is a high-volatility setup, so extreme caution is advised. Avoid committing your entire capital. ⚠️
For any potential Entry, consider risking only 1%–2% of your total capital. In manipulated markets, prudent risk management and capital preservation are paramount over aggressive gains. 🛡️
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