🚨 Important warning for currency $GPS
{future}(GPSUSDT)
: Has the party ended? 📉
Despite the significant increase (+28%), whale data shows dangerous signs of dumping! 👇
📊 Reading the data:
1️⃣ Buy trap (Distribution): price is rising, but whales are selling heavily in the last 30 minutes! (Selling volume $988,000 versus only $345,000 buying). This means they are exiting while individuals are entering.
2️⃣ Buyer congestion: $5.95 million in buy trades (Longs), but strangely only 45% of them are profitable! This means many bought the peak and are now stuck.
3️⃣ Danger point: The average entry for whales is $0.01198. Any break of this number will lead to a panic sell.
💡 Proposed plan (Scalp):
The current trend is "dumping".
🎯 Entry (Sell/Short): from the current areas 0.0124 - 0.0125
🎯 Targets: 0.0119 (whale average) - 0.0116
🛡️ Stop loss: close above 0.0128
⚠️ Don't chase the green candles, the data is negative momentarily!