Are big players moving? $SOL broke below the 105 level
There are usually clusters of resting orders around price levels like this, and big players love to make their move here: they may use the breakdown to trigger stop-losses on long positions, then push the price back up, or they may follow the momentum and drive it lower for a while. To tell which is happening, watch which way trading activity is leaning around the level.
#SOL
There are usually clusters of resting orders around price levels like this, and big players love to make their move here: they may use the breakdown to trigger stop-losses on long positions, then push the price back up, or they may follow the momentum and drive it lower for a while. To tell which is happening, watch which way trading activity is leaning around the level.
#SOL