【$GPS Signal】Short Sell | Distribution Pattern After Massive Surge
After a nearly 30% violent rally on the 4H timeframe, the price shows signs of stalling and volume divergence at high levels. Key data reveals the main force's intentions: Taker Volume indicates active selling, and the funding rate of -0.2% suggests a cost advantage for bears. Meanwhile, open interest (OI) remains stable after the price spikes, implying the rally is driven by spot buying rather than new long positions, characteristic of a typical pump-and-dump structure.
Hardcore Logic: The last 4H candle closes with a long upper shadow, and volume hits a new high for the stage but the price fails to stabilize. This is a clear signal of supply overwhelming demand. The buy/sell ratio drops to 0.5 at the end of the rally, indicating exhaustion of chasing buying. The order book shows ask depth far exceeding bid depth, with heavy selling pressure above. The price has moved far away from the moving averages, indicating a strong mean reversion demand. Overall, this is a resonance zone of profit-taking by bulls and a rebound by bears, with high win rate and favorable risk-reward ratio.
Trade here 👇 ) ---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$GPS Signal】Short Sell | Distribution Pattern After Massive Surge
After a nearly 30% violent rally on the 4H timeframe, the price shows signs of stalling and volume divergence at high levels. Key data reveals the main force's intentions: Taker Volume indicates active selling, and the funding rate of -0.2% suggests a cost advantage for bears. Meanwhile, open interest (OI) remains stable after the price spikes, implying the rally is driven by spot buying rather than new long positions, characteristic of a typical pump-and-dump structure.
🎯Direction: Short Sell
🎯Entry: 0.01275 - 0.01290
🛑Stop Loss: 0.01345 $GPS Rigid Stop Loss(
🚀Target 1: 0.01180
🚀Target 2: 0.01050
Hardcore Logic: The last 4H candle closes with a long upper shadow, and volume hits a new high for the stage but the price fails to stabilize. This is a clear signal of supply overwhelming demand. The buy/sell ratio drops to 0.5 at the end of the rally, indicating exhaustion of chasing buying. The order book shows ask depth far exceeding bid depth, with heavy selling pressure above. The price has moved far away from the moving averages, indicating a strong mean reversion demand. Overall, this is a resonance zone of profit-taking by bulls and a rebound by bears, with high win rate and favorable risk-reward ratio.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!