🐋 Money is voting with its feet:
$ON 1-hour plunge of 21.36%, current price 0.1285, 24h trading volume of $56.2 million.
A look at the money flows:
· The drop was concentrated in a short one-hour period, indicating heavy active selling
· It's still up +19.98% over 24h, which looks more like short-term traders taking profits
· Next, watch for large buy orders supporting the price near the lows. If they don't hold, it may continue to fall
Let's see what happens next.
#ON
For documentation and sharing purposes only; this is not investment advice.
$ON 1-hour plunge of 21.36%, current price 0.1285, 24h trading volume of $56.2 million.
A look at the money flows:
· The drop was concentrated in a short one-hour period, indicating heavy active selling
· It's still up +19.98% over 24h, which looks more like short-term traders taking profits
· Next, watch for large buy orders supporting the price near the lows. If they don't hold, it may continue to fall
Let's see what happens next.
#ON
For documentation and sharing purposes only; this is not investment advice.