strong buy

Preparing to Short NXPC on WEEX with Caution

I'm building a short position on NXPC on WEEX as I previously mentioned, aiming to capture a 10% to 15% net move. Shorts have already started piling up on the public channels. I plan to close the position tomorrow at 15:00, coinciding with the payout of the promotional funds. There's a possibility that the market maker might wipe out all positions, so caution is needed.
Source available for registered users Sign Up Free

AI Analysis

The current strategy involves shorting NXPC on the WEEX platform, expecting a downward movement of around 10-15%. The developer has observed an increasing number of short positions being initiated and...

AI Recommendation

Given the outlined plan and the associated risks, it is advisable to proceed with caution. If the market moves favorably towards the target profit range, consider closing the position around the payou...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: