$BILL This coin's objective chart analysis: a short-term explosive pump of 24%, after hitting a high of 0.1779, bullish buying volume plummeted, while selling pressure keeps increasing. Whales are raising their short positions, and retail traders are piling into longs, which is a classic case of high-level baiting. The market is seriously overbought, and selling pressure is gradually accumulating. The highest probability for a short is near the current price, aiming to catch a retracement after the spike, avoiding chasing the highs for liquidity.#GateSquareMayTradingShare

BILL-2.46%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned