🐳 Where does the money go? A rapid drop in $OGN 5 minutes: -4.29%
To figure out who is selling, I usually first watch two details:
· When the price is falling, are there large sell orders in bulk
· After the price drops to the low, do large buy orders step in and take over
Reference: 24h trading volume is $55.62M, up +98.91% in 24h. If both hold true, it’s likely just turnover; if only the first holds, be cautious—there may be more sell pressure to come.
#OGN
From a personal perspective; not necessarily accurate—treat it rationally.
To figure out who is selling, I usually first watch two details:
· When the price is falling, are there large sell orders in bulk
· After the price drops to the low, do large buy orders step in and take over
Reference: 24h trading volume is $55.62M, up +98.91% in 24h. If both hold true, it’s likely just turnover; if only the first holds, be cautious—there may be more sell pressure to come.
#OGN
From a personal perspective; not necessarily accurate—treat it rationally.