【$CLANKER Signal】Short Sell | Pump and Dump Pattern
$CLANKER After a surge with high volume, signs of stalling and buying exhaustion appear at high levels.
🎯Direction: Short Sell
🎯Entry: 33.70 - 33.90
🛑Stop Loss: 34.80 (Rigid Stop Loss)
🚀Target 1: 31.50
🚀Target 2: 29.00
Hardcore Logic: After a high-volume surge on the 4H timeframe, the price encounters resistance and pulls back at 34.77. Key data reveals the main force's intent: 1) Taker Volume shows active selling, not driven by healthy buying; 2) Open Interest remains stable (OI Trend: Stable) while price fluctuates significantly, indicating this is likely long liquidation or short addition, not new long entries; 3) The latest buy/sell ratio on the candlestick drops to 0.46, showing a significant decline in buying power. The current price is close to the thin order book zone (sell orders at 33.76-33.78 are sparse). If it breaks below 33.70 support, heavy buy orders below (803 units at 33.73) could trigger chain stops and accelerate the decline. This is a typical pump-and-dump distribution structure.
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【$CLANKER Signal】Short Sell | Pump and Dump Pattern
$CLANKER After a surge with high volume, signs of stalling and buying exhaustion appear at high levels.
🎯Direction: Short Sell
🎯Entry: 33.70 - 33.90
🛑Stop Loss: 34.80 (Rigid Stop Loss)
🚀Target 1: 31.50
🚀Target 2: 29.00
Hardcore Logic: After a high-volume surge on the 4H timeframe, the price encounters resistance and pulls back at 34.77. Key data reveals the main force's intent: 1) Taker Volume shows active selling, not driven by healthy buying; 2) Open Interest remains stable (OI Trend: Stable) while price fluctuates significantly, indicating this is likely long liquidation or short addition, not new long entries; 3) The latest buy/sell ratio on the candlestick drops to 0.46, showing a significant decline in buying power. The current price is close to the thin order book zone (sell orders at 33.76-33.78 are sparse). If it breaks below 33.70 support, heavy buy orders below (803 units at 33.73) could trigger chain stops and accelerate the decline. This is a typical pump-and-dump distribution structure.
Trade here 👇 $CLANKER
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