🐳 Chip movement: $KAIA 5-minute sharp surge 3.1%
To judge who is buying, I usually first watch two details:
· Whether there are clusters of aggressive buy orders during the rise
· Whether there are large sell orders after it rises to a high level
Reference: 24h trading volume is 21.7 million USD, 24h +46.05%. If the first condition is met and the second is not, then this wave can really be considered as having buying support pushing it up.
This view is for communication only; risk is your own.
To judge who is buying, I usually first watch two details:
· Whether there are clusters of aggressive buy orders during the rise
· Whether there are large sell orders after it rises to a high level
Reference: 24h trading volume is 21.7 million USD, 24h +46.05%. If the first condition is met and the second is not, then this wave can really be considered as having buying support pushing it up.
This view is for communication only; risk is your own.