🐋 $ATOM has lost the 2 level. Areas around key levels are often where limit orders and stop-losses are most concentrated.
After a break below, long positions’ stop-losses underneath can easily be triggered in succession, leading to a sharp accelerated drop. But if there’s strong buying support at lower levels, the price could also rebound above the key level.
What do you think will happen next?
#ATOM
Make your own decisions about when to enter and exit—don’t follow the crowd.
After a break below, long positions’ stop-losses underneath can easily be triggered in succession, leading to a sharp accelerated drop. But if there’s strong buying support at lower levels, the price could also rebound above the key level.
What do you think will happen next?
#ATOM
Make your own decisions about when to enter and exit—don’t follow the crowd.