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$STO 5x leverage! Seeing so many short-sellers, I think the market maker won't let go of this liquidity! A pullback to lure in more shorts, then a continued rally!
Why is it said that there are many short-sellers and good liquidity? Because the market maker has taken 90% of the chips for this coin. They only need a small amount of capital to push the spot price up to a high level, and the contracts will trigger the short squeeze, forcing liquidation to buy in. Once bought, the price keeps rising. Isn't that liquidity? Isn't that fuel?