Massive amount of short volume from Binance futures platform suggests many traders are about to lose a lot of money.
According to Kingfisher IO, most of these traders have stops above $40.
I can see massive short squeeze incoming, and LUNA will trade above $40 in the next few hours/days. I am long with low leverage.
According to Kingfisher IO, most of these traders have stops above $40.
I can see massive short squeeze incoming, and LUNA will trade above $40 in the next few hours/days. I am long with low leverage.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.