Smart money is trapping the sellers in loss, and I am riding the bullish wave.
I see $HEMI is up over 27% today, trading at 0.0082900. The market structure on the higher timeframe is strongly bullish, and the whale data explains exactly why. There are 86 whales trapped in short positions and they are currently losing money with an average entry price down at 0.0079789. Meanwhile, the 53 whales holding long positions are highly profitable with an entry of 0.0074730.
Because the short sellers are underwater, the order flow shows intense upward pressure as these trapped positions provide fuel for the trend. I am planning a long setup on a minor pullback to join the big buyers and target higher liquidity pools. This plan keeps things simple with a mathematically precise risk-to-reward layout.
Trade Plan:
Entry Price: 0.0082000
Stop Loss: 0.0078000
Take Profit 1: 0.0086000
Take Profit 2: 0.0090000
