🐋 Money is voting with its feet: $Q 5-minute sharp rally of 4.59%
To figure out who's buying, I usually watch two things first:
· Are there clusters of large orders during the rally?
· Are large orders dumping after the price reaches a high?
For comparison: 24h trading volume is $55.51 million, up 6.12% over 24h. The first is true and the second isn't—that's when this rally is genuinely backed by buying pressure.
#Q
For reference only. You are responsible for your own gains and losses.
To figure out who's buying, I usually watch two things first:
· Are there clusters of large orders during the rally?
· Are large orders dumping after the price reaches a high?
For comparison: 24h trading volume is $55.51 million, up 6.12% over 24h. The first is true and the second isn't—that's when this rally is genuinely backed by buying pressure.
#Q
For reference only. You are responsible for your own gains and losses.