Tribe, a governance token for FEI algorithmic stablecoin, keeps pushing up despite a strong bearish divergence with onchain activity:
Who's pumping? Which holders group is accumulating?
Whales do. Holders from 10K to 10M TRIB:
While the same time small holders are exiting:
We could say that probably TRIBE is somewhere close to a local top.
The trigger for a dump could be the above small holders start fomoing.
It'll will be the last nail in the coffin.
A sharp correction might follow.
Maybe something similar to STG could happen next:
Until then - high risk high reward in TRIB. Can still climb higher. But it doesn't look safe.
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