??!!BUT WHAT ARE THEY DOING!!?? Are they seriously going to buy that falling knife? It's a total slaughterhouse!! 🩸
Look at that volume at $IR ... they're liquidating even the will to live. It broke the channel and went to the underworld without looking back. I wouldn't touch a Long even if they paid my rent, this looks like it's aiming for absolute zero or some lost order block from prehistory...
If something bounces, it's just so that the institutions can short more. Don't be fooled by the "it's cheap", it can always be cheaper.
SHORT $IR
Entry: 0.13408 (Market right now)
SL: 0.15500
TP: 0.09200
R:R: 1:2
Are you going to wait until it hits zero to react? I already know where this is going... 📉💀
IRUSDT
Perp
0.07097
+2.91%