🐋 $RAY hit a new 7-day low, and the sell orders have not stopped yet.
Current price 2.0395, below the previous low of 2.0553, with 24h trading volume of $6.26 million.
There are usually many long stop-loss orders below the previous low, and once it is broken, it can easily trigger a chain of stop-losses; watch for whether there are large orders absorbing at low levels.
#RAY
Current price 2.0395, below the previous low of 2.0553, with 24h trading volume of $6.26 million.
There are usually many long stop-loss orders below the previous low, and once it is broken, it can easily trigger a chain of stop-losses; watch for whether there are large orders absorbing at low levels.
#RAY