Is money quietly moving?
$BR 5-minute drop of 3.3%, current price 0.3955, 24h trading volume of $160 million.
How should we read the money flows?
· The drop was concentrated in just five minutes, which suggests heavy selling was very concentrated
· It’s still up +15.45% over 24h, so this looks more like profit-taking
· Watch to see whether large orders step in at the lows. If they don’t, it could easily fall further
Anyone who’s looked into this, care to add anything?
#BR
$BR 5-minute drop of 3.3%, current price 0.3955, 24h trading volume of $160 million.
How should we read the money flows?
· The drop was concentrated in just five minutes, which suggests heavy selling was very concentrated
· It’s still up +15.45% over 24h, so this looks more like profit-taking
· Watch to see whether large orders step in at the lows. If they don’t, it could easily fall further
Anyone who’s looked into this, care to add anything?
#BR