🐋 $LUMIA has fallen below the 0.11 level. This is usually where the densest clusters of limit orders and stop-loss orders are found.
After a break below, stop-losses on long positions underneath may be triggered in succession, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the level.
How do you interpret these figures?
The above is compiled from publicly available information. Please verify it for yourself.
After a break below, stop-losses on long positions underneath may be triggered in succession, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the level.
How do you interpret these figures?
The above is compiled from publicly available information. Please verify it for yourself.