🐋 $ORCA has fallen to a new 24-hour low, and selling pressure hasn’t eased yet.
The current price is 1.864, below the previous low of 1.876, with 24-hour trading volume of $678,000.
A large number of long-position stop-loss orders are usually placed below the previous low, so breaking through it can trigger a cascade of stop-losses. Watch for large orders stepping in to buy at lower levels.
The current price is 1.864, below the previous low of 1.876, with 24-hour trading volume of $678,000.
A large number of long-position stop-loss orders are usually placed below the previous low, so breaking through it can trigger a cascade of stop-losses. Watch for large orders stepping in to buy at lower levels.