Sellers are leading the way as most buyers find themselves stuck in losing positions.

I am looking at the whale data for $TON in the file 1000010935.png and the trend is clearly bearish.

I noticed that 138 whales are long, but only 17.39% of them are in profit right now.

On the other side, 131 whales are short and a massive 91.60% of them are making money.

The average entry for these sellers is 2.29, while the buyers are trapped much higher at 2.36.

The buyers are currently down over 885,000 USDT, which puts a lot of pressure on them to sell.

My trade plan is to follow this downward movement because the smart money is clearly on the short side.

I am watching for a small price bounce to enter a short trade with the trend.

Trade Plan:

Type: Short

Entry: 2.260

Stop Loss: 2.290

Take Profit 1: 2.230

Take Profit 2: 2.200#BinanceOnline

TONUSDT

Διην.

2.1357

+0.66%