🐋 $US hit a new 24-hour low, and selling pressure hasn’t let up.
Current price: 0.01298, below the previous low of 0.01319; 24-hour trading volume: $203 million.
There are usually a lot of stop-loss orders on long positions below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for signs of large investors buying at these low levels.
#US
Current price: 0.01298, below the previous low of 0.01319; 24-hour trading volume: $203 million.
There are usually a lot of stop-loss orders on long positions below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for signs of large investors buying at these low levels.
#US