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TeeWildRift
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Bearish
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#ALCH
current price 0.181. No need to explain, short at exact 0.2, leverage x5-x7
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ALCHUSDT
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0.17163
-5.48%
1.4k
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TeeWildRift
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$ENA current price 0.305, very high open interests this morning, long positions 71.43%. ENA will unlock ~172 million tokens on 5th May, it will affect to price value. I agreed this current price is good to buy, but it will be down further. While dropping, many traders will buy long for sure and trigger long liqidation. I don't recommend to sell short at lower price unless it is falling (but it's up to you) Long setup Entry: 0.284 - 0.294 Target: 0.32 - 0.35 - 0.38 Leverage: <= x10 SL: 0.25
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$PUNDIX current price 0.633, very high open interests, short positions 65%. No reason to rise higher price. Funding fee -0.199%. When it rises to higher price, many trader will sell short, funding fee will increase for short position. So don't be a first person sell short, lets wait. Estimation for next peaks 0.66 - 0.7 - 0.74 I do not recommend to buy long as we don't know when it dumps
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$LAYER current price 2.8622, short positions 64.54%. With current situation, I see it would rise to 3-3.2. If you want to buy long at current price, you should buy 1/2 number of coins, in case it drops to 2.7-2.66, you use remaining to DCA. I still remember a trader bought it at 0.7 and it dropped under 0.5, he was frightening. I said it would rise $1, now is much more profit, not sure he had closed the position or not 😅
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It dropped into buy zone. Lets move up 🚀
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