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Brothers, sisters, little sister is watching $AIOT โs 30m and finds that the market maker is playing a very old trick ๐
Go take a look at how the volume is cooperatingโthese recent consecutive green candles: every time the move is pushed up, the volume is skinny. The price is hovering in a relatively high range, but the volume simply isnโt keeping up. When volume doesnโt expand, the price runs firstโthatโs the most common โpreludeโ to distribution that little sister has ever seen.
Whatโs more important is that the long order fee rate on the 30m is still showing as positive right now, but the candles are already starting to fail. After two or three consecutive candles with upper wicks, the head gets pressed down. That means the people chasing longs havenโt given up yet, but the market makerโs inventory is already being sent out.
Fee rate positive + reduced volume fake pull + upper wicks repeatedly showing upโthree signals light up at the same time, and little sister here is leaning bearish.
Brothers, focus on just one thing: the next $AIOT โs 30mโdoes the volume suddenly expand to cooperate and keep the price stable? If it canโt be put out, and another upper wick gets flicked out, then thatโs the market makerโs last time borrowing the long sideโs hand to unloadโdonโt let it use you as a ladder ๐#Gateๅนฟๅบๅๆๅๅธๆๆ