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😂 Guys, everyone asking why $SIREN isn't dumping. Let me show you what the data actually says 👇
I went through Coinglass and Binance futures data and here is what I found .
The numbers don't lie:
· Since March 17, around 75-80% of traders have been short on $SIREN
· Most of these shorts opened between 0.76-0.79 with high leverage
· The Long/Short ratio dropped to 0.28 which means for every long there are 3.5 shorts
· Liquidation map shows massive clusters above waiting to get hit
Here is what happens next.
Market loves hunting liquidity before the real move. All those leveraged shorts between 0.76-0.79 are the fuel. Price needs to sweep through 0.96-0.99, take out their stops, and then the dump starts.
Same pattern played out on $PIPPIN Same on Anime Same here
We are still holding the short from 0.76 Red today doesn't matter Green tomorrow does.
Who actually checked the data and who is just guessing 👇
I went through Coinglass and Binance futures data and here is what I found .
The numbers don't lie:
· Since March 17, around 75-80% of traders have been short on $SIREN
· Most of these shorts opened between 0.76-0.79 with high leverage
· The Long/Short ratio dropped to 0.28 which means for every long there are 3.5 shorts
· Liquidation map shows massive clusters above waiting to get hit
Here is what happens next.
Market loves hunting liquidity before the real move. All those leveraged shorts between 0.76-0.79 are the fuel. Price needs to sweep through 0.96-0.99, take out their stops, and then the dump starts.
Same pattern played out on $PIPPIN Same on Anime Same here
We are still holding the short from 0.76 Red today doesn't matter Green tomorrow does.
Who actually checked the data and who is just guessing 👇
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