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#GatePreIPOs首发SpaceX
$SWARMS Just one 30m candle earlier, with a surge of 53.0M volume, directly pulled from 0.01387 to 0.01514, a 9-point increase. The previous candle closed and continued to rise to 0.01552, gaining another 2 points—this bullish run with two consecutive positive candles, and the fee rate still at +0.0050%, indicating the bulls are bleeding 💸
Look, earlier on that wave, after a volume surge of 53.0M pushed prices higher, the volume of the previous candle was directly cut in half to 11.3M, a 79% reduction. This is a typical pattern of market makers increasing volume to push prices up and then looking for the last wave of buyers. The key is that a positive fee rate means the market makers still have to pay a protection fee to the shorts to push the price higher. This wave clearly looks like a trap to lure more buyers.
The little sister shorted at 0.0156, with a stop-loss at 0.0162—brothers, keep an eye on the next 30m candle. Either they continue to increase volume to force her to surrender, or they reduce volume and let her take profits first.