๐ $ZK has lost the 0.015 level. Levels like this are usually where buy and sell orders and stop-losses are most concentrated.
After a break below, stop-losses on long positions underneath can be triggered in a cascade, bringing a sharper drop. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Which signal would you trust?
Just a noteโnot trading advice.
After a break below, stop-losses on long positions underneath can be triggered in a cascade, bringing a sharper drop. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Which signal would you trust?
Just a noteโnot trading advice.