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"$SUI : The Summer Horror of the Dog Whale"
Act One: Fake Sleep Crocodile (Current Position)
Look at this K-line, does it resemble a dying crocodile? The price is fluctuating around 1.14, with whale traders and traders' long-short ratio both exceeding 60%, longs packed tightly together. But strangely, the funding rate is actually positive, what does that mean? It indicates that the dog whale is using a weak funding fee as bait to lure retail investors to short, a perfect trap!
Act Two: Deep Water Bomb (Upcoming)
Pay attention to the data of smart money and whales, over 91% of longs are "losing money," with an average opening price between 1.22 and 1.31. The next move by the dog whale is sure to be: suddenly smashing down near 1.09, knocking out all the 15-minute level longs' stop-losses.
Act Three: Pulling Onion from Dry Land (Reversal Climax)
Once panic selling floods out, the MACD on the 1-hour chart forms a golden cross, and the dog whale immediately reverses and pulls the market up. This time, it will use a large bullish candle with no wicks, directly breaking through the 24-hour high of 1.15, forcing the shorts to line up on the rooftop.
Brothers, I’ve set the direction for you: buy on dips, that’s long. When others are scared shitless, you must dare to bend down and pick up diamonds. If this script plays out, don’t thank me, remember to burn some incense for the dog whale. Open your orders, the lighting technician is ready! $SUI #Gate广场五月交易分享