🐋 $PUMP broke through the 0.0045 level. There are often lots of pending orders and stop-losses clustered around these levels.
After it breaks above, short stop-losses above can easily get swept in a batch, triggering an acceleration upward. But if volume doesn’t follow through, it could also get pushed back below the level.
What do you think of this price level?
After it breaks above, short stop-losses above can easily get swept in a batch, triggering an acceleration upward. But if volume doesn’t follow through, it could also get pushed back below the level.
What do you think of this price level?