70% of open interest in that shitcoin is already long.
Soonβ’

70% of open interest in that shitcoin is already long.
Soonβ’

Tank it! π
So the best setup is to be accumulating lots of longs while price is trading in a range. Then when price is drifting near the bottom of the range you suddenly drop a massive limit order about ten ticks below the range. Visually the price chart punches down below the range and sticks there for a minute. What you don't know is how much money is on the sidelines or what it's waiting to do. If they buy up your limit order right away and push price back into range you were too early. If it sticks down there for a minute two things happen. Shorts start to chase the breakout and longs start exiting becoming sellers also. Then it dumps.
We should estimate the longs' stop loss, and calculate how much capital we need to swing the price to cascade the stop losses?
Starting to shape up to a "pitch-able plan."