$AIXBT I am losing around 500$ at the moment in a short position and I am so tired already, everything tells me this is a trash coin without real use and disguised as some AI useful thing, it's just a Meme AI coin. I know the graphics, I know the process, after reaching certain high value, this coin will go down even below my short entry point but the thing is... Can my position sustain that before I got liquidated? I am starting to believe that I certainly can't .
I by fact know that even though logically a certain item is overpriced, the markets don't always act logically and they follow other trends/interest/manipulations. This time, it looks like this is the case.