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$AIOT Bro, this coin is a classic example of brutal manipulation by the dog whales who forcibly push the price, now they are selling wildly at high positions!
Within 24 hours, it surged more than 170%, after reaching a peak of 0.095, now it’s swinging around 0.087, clearly the rise is over and they will cut profits.
On the big whale side, the short position is 3.5 million, only 1.14 million long, in the last 30 minutes the big whales sold a net 219 thousand, net buying only 50 thousand, large funds are fleeing wildly, retail investors are still entering and buying.
Position opening strategy:
Don’t follow and buy again now! Buying at high positions is just giving money to the dog whales.
Be brave to take risks, or wait and watch carefully!
1. Short strategy: When the price is around 0.087, open a light short position immediately, stop loss at 0.096 if it breaks, take profit at 0.07 and 0.06, take some profits gradually, don’t be greedy.
2. Long strategy: For those who want to buy, wait until the price stabilizes around 0.07-0.072 before trying a small position, set a stop loss, target at 0.085, enter and exit quickly, don’t be too ambitious.
3. Reminder: This coin is very volatile, position must be limited, maximum 10% of total funds, don’t go all-in, dog whales can trigger a margin call and blow up your position at any time!