🛑 STOP SHORTING FLOW! You are walking into a $50M Liquidation Trap!
The "Bear Sentiment" is overcrowded. Open Interest has exploded by 22% in the last 6 hours, meaning everyone and their mother is trying to short the $FLOW bottom. This is the perfect recipe for a Short Squeeze.
The News Factor:
Dapper Labs just announced that the exploit was "contained" and didn't affect the core protocol code. As soon as Upbit resumes services, the "Korean Bid" will trigger a buying chain reaction that will liquidate every short position sitting at $0.115.
Technical View: 15m Chart shows a "Double Bottom" formation with bullish divergence.
The Play:
Entry: $0.109
Target: $0.140 (Massive Squeeze Zone)
Stop Loss: $0.101 (Protect your capital)
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