$MAGMA LONG 🚀
It's giving the SHORT traders a harder time than expected.
Stop losses are triggering left and right, yet the price keeps climbing, completely contradicting the strong correction anticipated after that last pump.
Everywhere you look, people are waiting for the price to go higher to enter SHORT positions. But when the sellers keep having to adjust their target upwards, that's usually not a signal of a coin ready to break down.
The trend is still leaning towards the holders, while those going against the market are likely feeling increasing pressure.
(#WOTD , #Airdrops , #trending )
It's giving the SHORT traders a harder time than expected.
Stop losses are triggering left and right, yet the price keeps climbing, completely contradicting the strong correction anticipated after that last pump.
Everywhere you look, people are waiting for the price to go higher to enter SHORT positions. But when the sellers keep having to adjust their target upwards, that's usually not a signal of a coin ready to break down.
The trend is still leaning towards the holders, while those going against the market are likely feeling increasing pressure.
(#WOTD , #Airdrops , #trending )