🐳 Funding note: $OGN breaks below the 0.039 level
There are usually a lot of limit orders resting around price levels like this, and big players love to make their move here: either trigger stop-losses on a break below, then reclaim the level, or push the price down further in a genuine breakdown. To tell the two apart, look at which way the large orders above and below the level are tilted.
#OGN
There are usually a lot of limit orders resting around price levels like this, and big players love to make their move here: either trigger stop-losses on a break below, then reclaim the level, or push the price down further in a genuine breakdown. To tell the two apart, look at which way the large orders above and below the level are tilted.
#OGN