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$VVV Bulls see unlimited issuance themselves, going long at this price will get trapped miserably. For profitable positions, set stop losses, and run if you see a single candlewick up!
The whales and main force are all on the long side, shorting will just be fuel! Dual liquidation of longs and shorts! Think about what you should do yourself. If you must short, hang around $8. For longs, must wait until below $3 to go long. Right now it's neither here nor there, neither long nor short.