🐋 $Q breaks through the 0.08 level. Orders and stop-losses tend to cluster most densely near key levels.
After breaking above, short positions’ stop-losses above the level can easily get swept up in a concentrated move, driving a burst of acceleration. But if volume doesn’t keep up, the price can also get pushed back below the level.
How do you interpret this data?
#Q
After breaking above, short positions’ stop-losses above the level can easily get swept up in a concentrated move, driving a burst of acceleration. But if volume doesn’t keep up, the price can also get pushed back below the level.
How do you interpret this data?
#Q