According to the cluster analysis, the last micro pump doesn't seem like a short squeeze. Let's move further with this. On the chart, we can clearly see the turning point (red rectangle $4000-$4100).
Keep in mind that if the price wouldn't grow in the next few hours, the priority will change to a decline.
- If the price keeps inside it - we can think about opening LONG.
- If the price doesn't keep inside it and fall below - we can think about opening SHORT.
Keep in mind that if the price wouldn't grow in the next few hours, the priority will change to a decline.
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