🐋 $ON has lost the 0.11 level. Levels like this are usually where buy orders and stop-losses are most concentrated.
Once it breaks below, stop-losses on long positions underneath can be triggered in a cascade, leading to a faster sell-off. But if major buyers step in at lower levels, the price could also rebound above the level.
Do you buy this data?
For reference only. Trade at your own risk.
Once it breaks below, stop-losses on long positions underneath can be triggered in a cascade, leading to a faster sell-off. But if major buyers step in at lower levels, the price could also rebound above the level.
Do you buy this data?
For reference only. Trade at your own risk.