Price made a V-shaped recovery and is sitting near mid-range after retesting the previous range's highs. My trade idea is to:
1. short from up there
2. long from down there
3. stay sidelined and buy the alts when I see a good R:R
this entire structure is one big range tbh.
After investigating the suspicious price movements of $SI (CA: DEW9dSN6QpWyNthphCpMmAbZP1Q4cEKR9xQXAri98WDP) here are my shocking findings โ ๏ธ
@Jelitics FOMO address where he holds 4.1% of the supply is: mXvJVLBBVyi9o7E2rUAdnNzUyA7gFtabEjdKfCWRTtj
Yet he failed to mention that he has a side wallet DIRECTLY linked to his main FOMO wallet: 9w5Zu53ohJWD2rGCLMwaexZ6xHx1FcezuZDAmLkfnNir (thanks Arkham for helping me find this)
Guess what that wallet has been doing the last 2 days....
It has dumped (in the last 2 days): a total of 18.71 million $SI for a total of +- 2600 Solana ๐คฏ
So while he bullposts on his FOMO account, he's selling 2600 Solana worth of tokens from a side wallet?
There's nothing wrong with selling, but this is pure deception... This is after 10mins of looking into it, god knows what i'll find if I keep digging.
Fuck this LARP. Explains why every $SI pump was followed by an instant dump ๐
Price made a V-shaped recovery and is sitting near mid-range after retesting the previous range's highs. My trade idea is to:
1. short from up there
2. long from down there
3. stay sidelined and buy the alts when I see a good R:R
this entire structure is one big range tbh.