🐋 $GRASS broke through its one-year high of 0.8473, with 24-hour trading volume surging to twice the daily average.
There are usually short stop-loss orders and sell orders from previous bagholders above a swing high. This much volume means those orders have been absorbed. If buyers are still around after that, the price action should have an easier time moving higher; if buying suddenly dries up, watch out for a pullback after the spike.
#GRASS
There are usually short stop-loss orders and sell orders from previous bagholders above a swing high. This much volume means those orders have been absorbed. If buyers are still around after that, the price action should have an easier time moving higher; if buying suddenly dries up, watch out for a pullback after the spike.
#GRASS