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I'm coming Current price 0.02806 short
Reason: I'm coming ( current price $0.02806, a nearly 28% pullback from the 24-hour high of $0.039; technical indicators show clear weakness; the long-short ratio has plummeted to 0.36, with short positions totaling )78.2 million( compared to )16.3 million( long positions, a 4.8 times difference, indicating strong institutional selling pressure; although the price has stabilized above the 99-day moving average )0.0229 USD(, the MACD histogram continues to decline, with momentum weakening significantly since the high point; RSI at a neutral level )49.85( suggests market fatigue; liquidity is severely lacking, with a volume of $40.1 million corresponding to only $2.5 million in liquidity, making large trades highly prone to slippage; whale distribution risk is prominent, with supply concentration reaching 63.4%, and smart money has already realized profits of $880,000, with selling pressure potentially erupting at any time; in the short term, watch the key support level at $0.0256, a break below this will accelerate the decline. It is recommended to add to short positions in the $0.027-$0.028 range, with a stop-loss set above the 7-day moving average resistance )0.0302, targeting a drop to $0.023.