$SUI The trap for small traders is ready, will you fall into it?
{future}(SUIUSDT)
The screens look green today, but smart money tells a completely different story. Looking at the flow of orders, there are 581 whales currently holding short positions worth $46.46 million with an average entry of $1.17, sitting on huge unrealized profits. At the same time, the few buying whales are stuck in losses from the $1.31 areas.
With a buy to sell ratio of only 17.55%, today's 8% rise looks like a classic liquidity trap to bolster short positions. Professional analyses suggest exploiting this rebound for selling.
Trading plan: Short position Entry area: 0.9500 - 0.9700 First target: 0.8900 Second target: 0.8500 Stop loss: 1.0200
Are you trading with the whales or against them? Share your targets in the comments.
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