I've been watching this coin for a while. The market data performance looks like a market maker with insufficient capital is operating—slightly pumping at the opening, then getting slammed back down, trying to rebound near 0.17 but getting suppressed, going back and forth several times. This repeated failed pumping action exactly shows that the person behind the market making doesn't have much real skill, and the capital may also be limited.



So those who expect a quick 2-3 times doubling can calm down, this is not that kind of coin. I have already opened a short position in advance. The current price is at 0.7, and the liquidation line is set here. I have a position of 100U and used 20x leverage to test the waters. If a waterfall-like drop really occurs, I plan to gradually increase my position to follow up.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LootboxPhobiavip
· 4h ago
0.7 short selling? Bro, you really have some guts, using 20x leverage for this can easily lead to bankruptcy.
View OriginalReply0
RugPullSurvivorvip
· 4h ago
Ha, testing the waters with 20x leverage is good, but the 0.7 Get Liquidated line is a bit tight, a wave of Rebound and I'm directly daydreaming.
View OriginalReply0
faded_wojak.ethvip
· 4h ago
The market maker is too weak; constantly dumping shows a lack of money and skills. This kind of coin really doesn't deserve to be expected to double.
View OriginalReply0
SlowLearnerWangvip
· 5h ago
Oh no, here comes another brave soul with 20x leverage. I bet this time they'll lose in a particularly clean manner.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)