@cryplas
MELANIA Rate Rise and Fall
The opening of these positions by the crypto whale means his forecast for a fall in the value of Bitcoin and an increase in the price of MELANIA. His short on BTC assumes profit-taking when the coin falls in price to $69,414 and $58,664, and the position will be liquidated if the cryptocurrency rises in price to $85,593 (by 2.2% from the current figure). The trader will close the long on MELANIA, on the contrary, in the event of a fall in the coin rate and will fix the profit if the memecoin rises significantly in price.
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