🐋 $SAND hit a new 24-hour low; selling pressure hasn't let up.
Current price: 0.05806, breaking below the previous low of 0.05861. 24-hour trading volume: $2.89 million.
A large number of long-position stop-loss orders are typically placed below the previous low. Breaking below it can trigger a cascade of liquidations. Watch for large orders absorbing the selling at lower prices.
#SAND
Current price: 0.05806, breaking below the previous low of 0.05861. 24-hour trading volume: $2.89 million.
A large number of long-position stop-loss orders are typically placed below the previous low. Breaking below it can trigger a cascade of liquidations. Watch for large orders absorbing the selling at lower prices.
#SAND