🐋 Note for order-book watchers: $APR 5-minute plunge of 3.37%
To gauge the strength of the sell side, I usually look at two details first:
· Are there consecutive large sell orders during the decline?
· Is there significant buying support after the price falls to a low?
For reference: 24h trading volume was $92.33 million, down 40.62% over 24h. If both are present, it often indicates rotation; if only the first is present, beware of further selling pressure.
To gauge the strength of the sell side, I usually look at two details first:
· Are there consecutive large sell orders during the decline?
· Is there significant buying support after the price falls to a low?
For reference: 24h trading volume was $92.33 million, down 40.62% over 24h. If both are present, it often indicates rotation; if only the first is present, beware of further selling pressure.