$COMP 🐋 Big Whales are Trapped!
$COMP SHORT
Entry: 18.55 - 19.20
Targets: 17.50, 16.20, 14.80
SL: 20.80
Leverage: 5x - 10x
Reason:
Looking at the data, the long whales are in a huge loss (-$562k) with a very high entry price, while the short whales are sitting in profit. The selling pressure is likely to continue as those trapped buyers may give up. We are following the winning side (the shorts) for a quick drop.
$COMP will the trapped whales be forced to liquidate?