What are the whales doing?
$Lobster is down 2.36% in 5 minutes, currently priced at 0.05324, with 24h trading volume of $205 million.
What does the flow of funds tell us?
· The drop was concentrated in just 5 minutes, which suggests aggressive selling
· It's still up 15.36% over 24h, so this looks more like profit-taking
· Next, watch for large buy orders at lower levels. If they can't absorb the selling, another dip is likely
How do you usually handle situations like this?
#Lobster
Markets change in an instant, so don't rush to conclusions.
$Lobster is down 2.36% in 5 minutes, currently priced at 0.05324, with 24h trading volume of $205 million.
What does the flow of funds tell us?
· The drop was concentrated in just 5 minutes, which suggests aggressive selling
· It's still up 15.36% over 24h, so this looks more like profit-taking
· Next, watch for large buy orders at lower levels. If they can't absorb the selling, another dip is likely
How do you usually handle situations like this?
#Lobster
Markets change in an instant, so don't rush to conclusions.