SEED_DONKEYDAN_MARKET_CAP:FLOKI has triggered my SHORT position, and this is my first short since the collapse on 10/10.
Not looking good, yesterday's DAILY candle had a huge rejection wick after Musk's joke, a lot of people got trapped by this silliness, just looking at the tallest volume candle in 2025, crazy.
And the LIQUIDATIONS HEATMAP, attached, showing clearly how leverage traders joined the action very late and got all luquidated within a couple of hours.
I warned about this twice, and currently in this SHORT. Stop loss set on my chart, two TAKE PROFIT levels: at the falling SUPPORT and around the previous swing low, let some run and see.
The WEEKLY chart versus CRYPTOCAP:BTC is super interesting, FLOKI at long-term support and possibly looking to start an UPTREND or at least a relief-rally.
It's a long-term chart vs BTC though (on X, cannot add more images here) , promising, but not short-term.
Short-term, the continuation of medium-term decline is the most likely.
💙👽