Tips for dealing with false price surges
Here are detailed tips for dealing with false price surges and avoiding whale deception in financial markets😉:
### 1. **Understand common whale tactics:**
- **Pump and Dump:** Whales buy large amounts to raise the price, attracting small traders, then sell quickly causing the price to crash.
- **Spoofing:** Placing large buy orders (then canceling them) to create an illusion of demand.