The movement of funds is often hidden in trading activity:
$Q 1-hour drop of 6.36%, current price 0.04667, with 24h trading volume of $286 million.
Let’s break down the fund flows:
· The decline was concentrated in a short one-hour period, indicating a heavy concentration of active selling
· The 24h change is still +18.77%, suggesting short-term investors are taking profits
· Next, watch whether buyers step in at lower levels. If they don’t, the price could easily continue to slide
Which side are you on?
$Q 1-hour drop of 6.36%, current price 0.04667, with 24h trading volume of $286 million.
Let’s break down the fund flows:
· The decline was concentrated in a short one-hour period, indicating a heavy concentration of active selling
· The 24h change is still +18.77%, suggesting short-term investors are taking profits
· Next, watch whether buyers step in at lower levels. If they don’t, the price could easily continue to slide
Which side are you on?