Watch the money, not the talk: a 2.01% surge over $SOL 1 hours
To figure out who's buying, I look at two things first:
· Are there clusters of aggressive buy orders during the rally?
· Do large sell orders start hitting the market once the price reaches a high?
For reference: 24h trading volume is $153 million, up 0.5% over 24h. If the first condition holds and the second doesn't, then there's real money driving this rally.
#SOL
To figure out who's buying, I look at two things first:
· Are there clusters of aggressive buy orders during the rally?
· Do large sell orders start hitting the market once the price reaches a high?
For reference: 24h trading volume is $153 million, up 0.5% over 24h. If the first condition holds and the second doesn't, then there's real money driving this rally.
#SOL