🐋 $Q has moved above the 0.145 level, where limit orders and stop-losses are usually most concentrated.
After breaking above it, short stop-losses overhead could be triggered one after another, fueling a rally; but if volume doesn't follow through, the price could easily be pushed back below the level.
What do you think of this setup?
After breaking above it, short stop-losses overhead could be triggered one after another, fueling a rally; but if volume doesn't follow through, the price could easily be pushed back below the level.
What do you think of this setup?