Anyone trading $M stay away from it now, here's why 👈🏻
It has been rising continuously for the past 5 days with no cooling down. This phenomenon is completely controlled by a few big whales who keep pushing up and sweeping up shorts, causing liquidity issues. This pattern has been seen many times before, but you know what?
You may see a big drop of 30-50% in the next few days as whales start to cash out and those who hold long positions close them now and don't short.
The RSI is completely overbought at 100% in the past few days, only smart people can understand this.
This surge only happened after Binance Futures was launched.
#memecore $M #MEME