From a capital-flow perspective: a 3.56% sell-off over $PONS 1 hours
To judge who's selling, I usually look at two things first:
· Are there consecutive large sell orders during the decline?
· Do large buy orders come in after the price hits a low?
For comparison: 24h trading volume was $42.15 million, down 4.93% over 24h. If both signs are present, it's probably a shakeout; if only the first is, be cautious—another leg down may follow.
To judge who's selling, I usually look at two things first:
· Are there consecutive large sell orders during the decline?
· Do large buy orders come in after the price hits a low?
For comparison: 24h trading volume was $42.15 million, down 4.93% over 24h. If both signs are present, it's probably a shakeout; if only the first is, be cautious—another leg down may follow.