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$SKYAI #Gate广场五月交易分享 This is a short squeeze with reduced volume
The short sellers have been forced to capitulate after being pushed to the brink, so selling pressure is very small. The market maker is using very little capital to create a false impression of "rising to the point of doubt," aiming to attract the final chasing buyers around 0.7 to buy in.
If the 1-hour EMA7 does not break, the shorts will temporarily retreat; once it breaks below, it signals the end of the distribution.
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