The moves of large orders are often reflected in trading activity:
$JCT plunged 2.22% in 5 minutes, with the current price at 0.002071 and 24h trading volume of $7.41 million.
Let’s break down the fund flows:
· The drop was concentrated in just 5 minutes, suggesting heavy, concentrated selling pressure
· It’s still up 3.5% over 24h, which looks more like profit-taking
· Next, watch for buying support at lower levels. If it doesn’t hold, the price could dip again
Which point are you most interested in?
$JCT plunged 2.22% in 5 minutes, with the current price at 0.002071 and 24h trading volume of $7.41 million.
Let’s break down the fund flows:
· The drop was concentrated in just 5 minutes, suggesting heavy, concentrated selling pressure
· It’s still up 3.5% over 24h, which looks more like profit-taking
· Next, watch for buying support at lower levels. If it doesn’t hold, the price could dip again
Which point are you most interested in?