Sellers are trapped under heavy pressure as price establishes a floor and leaves short positions in deep losses.
I am looking at the whale data for $AIGENSYN USDT. The current price is at 0.0322600, showing a strong upward move of over 20%.
My analysis shows that 52 whales are stuck in short positions with an average entry price of 0.0313650 and are facing losses. At the same time, 69 whales are long from an average entry price of 0.0331492 and are temporarily down but holding strong as the broader 1-hour trend remains bullish. The market structure has switched to an upward focus because the price successfully broke above the major selling wall.
I am planning a long setup on a slight dip to follow this momentum. I want to buy near the key liquidity area where the main blocks of whale orders are sitting.
My trade plan uses a strict 1:2 risk-to-reward ratio.
Entry: 0.0310000
Stop Loss: 0.0280000
Take Profit 1: 0.0340000
Take Profit 2: 0.0370000
