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KaiqueChaos
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Bearish
$USUAL was hijacked by Trading BOTs:
The Bots took control of the asset:
The price does not rise because the Token appreciated, the price rises to liquidate those who are SHORT, and the price falls to liquidate those who are LONG.
See in the image, the price only rose at launch because it was listed in the futures: the sardines opened SHORTs thinking it would fall like $PENGU and were all liquidated quickly. When it reached $1.6, thousands of sardines were in LONGs, they dropped the price again to liquidate everyone. See how quickly the price fell from $1.6 to $0.95
This is how a manipulated market works.
Run away from this SCAM!
The Bots took control of the asset:
The price does not rise because the Token appreciated, the price rises to liquidate those who are SHORT, and the price falls to liquidate those who are LONG.
See in the image, the price only rose at launch because it was listed in the futures: the sardines opened SHORTs thinking it would fall like $PENGU and were all liquidated quickly. When it reached $1.6, thousands of sardines were in LONGs, they dropped the price again to liquidate everyone. See how quickly the price fell from $1.6 to $0.95
This is how a manipulated market works.
Run away from this SCAM!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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