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$STO You can continue to add to your short position at this level!
20 million tokens are about to be unlocked, which at the current market cap amounts to a selling pressure of $50 million. The volume is indeed significant. No wonder the whales suddenly pushed the price up early this morning; it’s probably to prepare for this unlock.
Looking back at previous trends, there was a spike after listing, and another spike before the previous unlock. After those two, the price entered a downward trend. Unlocking usually causes a dump, and this pattern is likely to continue. Currently, just keep adding to your short position! 👇👇👇