๐จ WARNING MANTRA โ WHALES MAY BE PREPARING! ๐จ
Brothers, take a close look at the chart $MANTRA and you will see something familiarโฆ
๐ Strong pump โ
๐ Weakening sideways โ
๐ And then a huge $D UMP.
This is the model of "new bottle, old wine" that market makers use a lot:
โข Pump creates FOMO
โข Change narrative / change name / hype community
โข Retail rushes in to buy
โข Whales quietly distribute
Currently:
โ ๏ธ Price is continuously creating lower highs
โ ๏ธ Volume drops sharply after pump
โ ๏ธ MA is trending down
=> This is a sign of distribution before moving on.
๐ฅ SETUP
SHORT: 0.0200 โ 0.0205
SL: 0.0218
TP1: 0.015
TP2: 0.0102
TP3: 0.050
Click on the trading chart now $MANTRA ๐๐๐๐๐
If it breaks 0.0195 โ there is a high chance of mass long liquidation.
๐ฐ Dumps like this usually bring 30% โ 80% futures very quickly.
โณ When retail starts to believe that "the bottom has formed"
whales usually start to act.