$PORTAL of the long positions, out of the 10.36M, just over 10M belongs to whales. This means that as soon as they sell, the price is going to tank. Considering it has gone up more than 100% from the average entry and an RSI that’s oversold, this token is set to drop at any moment. The manipulation is clear, take the peak and go short.
$GUN en long positions, out of 700K, just over 550K are held by whales, which signals a high risk of a dump once they sell. In short positions, out of 1.8M, just over 1.6M belongs to whales, with an average entry at 0.014. They know it’s going to drop and are just waiting for it.
The retail volume is way low compared to the whales. I’d go short when I see the momentum doesn’t continue, as it’s only a matter of time before it hits the floor again.
🚨 DON'T GET TRAPPED! $GUN IS COMPLETELY OVEREXTENDED! 🚨
Look at 167186.jpg—the RSI is at an insane 96, and this vertical pump is a massive red flag. 🚩 Everyone buying here is just exit liquidity for the whales waiting to dump. I am going SHORT because this parabolic move cannot sustain itself and is destined for a sharp correction! 📉 It will go bearish very soon!