$PTB After a violent 28% surge, it is consolidating at high levels, but data reveals this is a typical pump and dump.
🎯Direction: Short Sell
🎯Entry: 0.001620 - 0.001625
🛑Stop Loss: 0.001645 (Rigid Stop Loss)
🚀Target 1: 0.001520
🚀Target 2: 0.001420
Hardcore Logic: The massive long upper shadow on the 4H chart is a clear distribution signal. Supporting key data: 1) Taker Volume is negative, indicating large sell orders dominate; 2) Open interest remains stable rather than increasing, ruling out continuous accumulation by the main players; 3) Buy/Sell ratio consistently hovers around 0.5, lacking sustained buying support; 4) Funding rate is slightly negative, indicating market sentiment is not overly bullish. The order book shows heavy sell pressure at the top (0.001624-0.001632), while buy orders below are sparse. This is a classic dump structure exploiting market FOMO.
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【$PTB Signal】Short Sell | Pump and Dump Pattern
$PTB After a violent 28% surge, it is consolidating at high levels, but data reveals this is a typical pump and dump.
🎯Direction: Short Sell
🎯Entry: 0.001620 - 0.001625
🛑Stop Loss: 0.001645 (Rigid Stop Loss)
🚀Target 1: 0.001520
🚀Target 2: 0.001420
Hardcore Logic: The massive long upper shadow on the 4H chart is a clear distribution signal. Supporting key data: 1) Taker Volume is negative, indicating large sell orders dominate; 2) Open interest remains stable rather than increasing, ruling out continuous accumulation by the main players; 3) Buy/Sell ratio consistently hovers around 0.5, lacking sustained buying support; 4) Funding rate is slightly negative, indicating market sentiment is not overly bullish. The order book shows heavy sell pressure at the top (0.001624-0.001632), while buy orders below are sparse. This is a classic dump structure exploiting market FOMO.
Trade here 👇 $PTB
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