🐋 For those keeping an eye on the money flows: $FLOCK plunged 3.21% in 15 minutes.
To figure out who's selling, I'd watch two things first:
· Are there waves of aggressive sell orders during the drop?
· Are large orders stepping in to buy after the price gets pushed down?
For reference: 24h trading volume: $9.4 million; 24h change: -8.21%. If both conditions are met, it's often just a turnover of positions. If only the first is true, be wary—the price may have further to fall.
#FLOCK
To figure out who's selling, I'd watch two things first:
· Are there waves of aggressive sell orders during the drop?
· Are large orders stepping in to buy after the price gets pushed down?
For reference: 24h trading volume: $9.4 million; 24h change: -8.21%. If both conditions are met, it's often just a turnover of positions. If only the first is true, be wary—the price may have further to fall.
#FLOCK