Are big players making a move?
$ICNT broke above 0.1519, reaching a 60-day high. At the moment it broke through, anyone who had bought in the past 60 days was sitting on an unrealized gain.
Trading value then surged to 35.5 times the daily average: fresh money was buying while holders who had been waiting to break even took the opportunity to exit. Which side has more staying power will become clear on the pullback—are the big orders still there?
$ICNT broke above 0.1519, reaching a 60-day high. At the moment it broke through, anyone who had bought in the past 60 days was sitting on an unrealized gain.
Trading value then surged to 35.5 times the daily average: fresh money was buying while holders who had been waiting to break even took the opportunity to exit. Which side has more staying power will become clear on the pullback—are the big orders still there?