Follow the money: surged 20.94% in $KAIA 1 hours
To judge the strength of the buying pressure, I’d first watch for two things:
· Whether there are waves of aggressive buy orders during the rally
· Whether large orders are selling after the price moves higher
For reference: 24h trading volume: $15.92 million; 24h change: +68.8%. Only if the first is true and the second is false can we say this rally is being driven by buying pressure.
This is not investment advice of any kind. You assume all risks.
To judge the strength of the buying pressure, I’d first watch for two things:
· Whether there are waves of aggressive buy orders during the rally
· Whether large orders are selling after the price moves higher
For reference: 24h trading volume: $15.92 million; 24h change: +68.8%. Only if the first is true and the second is false can we say this rally is being driven by buying pressure.
This is not investment advice of any kind. You assume all risks.