I saw a post circulating earlier today that someone opened 50x leverage position worth $200M Long on Ethereum and BTC.
His Ethereum entry was $2196 BTC entry $85880
A 50x leverage means -2% move in market and the position would be liquidated.
After these trump posts and the Crypto pump. I now think maybe this guy knew something that we didn't. How someone can risk millions while everything was clearly heading down.
$FTT /USDT – Bullish Breakout or Resistance Rejection? 🚀🔥
📊 Current Price: $2.1953 (+8.71%)
🔥 Key Levels:
Support: $2.100 – Holding as a demand zone
Resistance: $2.200 – The next breakout level
📈 Long Setup (Bullish Trade):
Entry: $2.150 - $2.180 (On a slight pullback)
Take Profit Targets:
TP1: $2.220
TP2: $2.250
TP3: $2.300
Stop Loss: Below $2.100
📉 Short Setup (Bearish Trade):
Entry: $2.190 - $2.200 (If rejection at resistance)
Take Profit Targets:
TP1: $2.150
TP2: $2.120
TP3: $2.080
Stop Loss: Above $2.220
📊 Market Insight: FTT has seen a strong upward move, now testing the $2.200 resistance. A confirmed breakout could trigger further upside, while a rejection might push the price back to lower support levels.
💡 Pro Tip: Monitor volume activity—higher volume near resistance may indicate a breakout, while a drop in momentum could suggest a pullback.
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