🐋 $AIN broke above the 0.045 level. These levels are usually where pending orders and stop-losses are most concentrated.
Once it holds above, stop-losses on short positions above may be triggered one after another, driving a rapid move. But if volume doesn’t follow through, it could easily get knocked back below the level.
Bullish or bearish?
#AIN
How you trade is up to you; I’m just sharing my thoughts.
Once it holds above, stop-losses on short positions above may be triggered one after another, driving a rapid move. But if volume doesn’t follow through, it could easily get knocked back below the level.
Bullish or bearish?
#AIN
How you trade is up to you; I’m just sharing my thoughts.