🐋 $ERA broke above its 60-day high of 0.07488, with 24-hour trading volume rising to 14.7 times the daily average.
There are often stop-loss orders from short positions and sell orders from earlier trapped holders above a swing high. This much volume means those orders have been absorbed. If buyers are still there after that, the price action should feel lighter; if buying suddenly disappears, watch out for a pullback after the spike.
#ERA
How you trade is up to you; I’m just keeping a record.
There are often stop-loss orders from short positions and sell orders from earlier trapped holders above a swing high. This much volume means those orders have been absorbed. If buyers are still there after that, the price action should feel lighter; if buying suddenly disappears, watch out for a pullback after the spike.
#ERA
How you trade is up to you; I’m just keeping a record.