๐ Order-book watchers, take note: $RAYSOL breaks through the 2.5 level
Key levels usually attract a large number of resting orders, and big players love to make their moves there: they may use a high-volume breakout to drive the price higher, or sell into buying pressure from momentum chasers. To tell the difference, watch which direction the large orders near the price are clustering.
This is not financial advice. Make your own trading decisions.
Key levels usually attract a large number of resting orders, and big players love to make their moves there: they may use a high-volume breakout to drive the price higher, or sell into buying pressure from momentum chasers. To tell the difference, watch which direction the large orders near the price are clustering.
This is not financial advice. Make your own trading decisions.