Quick take on fund flows: $KAIA 5-minute plunge of 3.32%
To figure out who's selling, I'd first watch for two things:
· Are there continuous large sell orders during the drop?
· Are large buy orders stepping in after the price hits a low?
For comparison: 24h trading volume was $24.72 million, up 39.36% over 24h. If both are present, it often means the shares are changing hands; if only the first is present, beware of further selling pressure.
#KAIA
How you trade is up to you. I'm just keeping a record.
To figure out who's selling, I'd first watch for two things:
· Are there continuous large sell orders during the drop?
· Are large buy orders stepping in after the price hits a low?
For comparison: 24h trading volume was $24.72 million, up 39.36% over 24h. If both are present, it often means the shares are changing hands; if only the first is present, beware of further selling pressure.
#KAIA
How you trade is up to you. I'm just keeping a record.