🐋 $Lobster has lost the 0.04 level. There are often lots of limit orders and stop-losses clustered around key levels.
After a break below, stop-losses on long positions below may be triggered in succession, leading to a sharp downward move. But if large buyers step in at lower levels, the price could also rebound above the level.
What signal are you waiting for before making a move?
#龙虾
Just my personal view; I may be wrong. Please use caution.
After a break below, stop-losses on long positions below may be triggered in succession, leading to a sharp downward move. But if large buyers step in at lower levels, the price could also rebound above the level.
What signal are you waiting for before making a move?
#龙虾
Just my personal view; I may be wrong. Please use caution.