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$$VELVET 0.8216 chips, trap or springboard? An 118% fluctuation hides my trading script.
Brothers, listen up, I am the trader behind this round of layout. Yesterday’s rise from 0.2853 to 0.9846 was a standard three-wave move I created with a trading volume of 79.5 million USD: first absorbing chips for two hours, then eating all retail panic sell orders around 0.3, then pulling back to above 0.8 to shake out floating chips. Now the price at 0.8216 looks high, but the sell orders are as thin as cicada wings—I've deliberately pulled the buy orders back to 0.75, waiting for you to take the bait.
Why? Because despite a 118% increase in 24 hours, the trading volume just exceeded 795 million USD, indicating that follow-up funds haven't yet entered with emotional enthusiasm. The real prey is those “warriors” who chase the rise at the sight of red candlesticks. I will create a false breakout in the 0.85-0.9 range, making retail believe the main upward wave has started, then reverse and dump the price to 0.68, reabsorbing low-level chips. Remember, the current zone around 0.82 is my “observation area,” not the explosion point.
Operational advice: Enter a light short position at the current price of 0.82, with a stop loss at 0.91 and take profit at 0.68. If the price falls below 0.75 and trading volume suddenly drops, add to the position up to 20%. Don’t chase longs unless you see continuous million-dollar buy orders breaking through 0.9 within 5 minutes—that’s the only time a real breakout might happen. Keep your position within 30%, I may reverse my operation at any time.
Follow me, before the next rally I will give a false signal to let the market take a break. The market doesn’t lie.