$CHIP has broken below its 24-hour low, and selling pressure hasn't subsided.
Current price: 0.06132, below the previous low of 0.06141. 24-hour trading volume: $9.46 million.
A large number of stop-loss orders on long positions often accumulate below the previous low. Breaking through it may trigger a cascade of stop-losses; watch for signs of large buyers stepping in at lower levels.
#CHIP
Data is for reference only; don't take it as fact.
Current price: 0.06132, below the previous low of 0.06141. 24-hour trading volume: $9.46 million.
A large number of stop-loss orders on long positions often accumulate below the previous low. Breaking through it may trigger a cascade of stop-losses; watch for signs of large buyers stepping in at lower levels.
#CHIP
Data is for reference only; don't take it as fact.