🐋 $Lobster has fallen below the 0.02 level, where limit orders and stop-losses tend to cluster.
After a break below, stop-losses on long positions underneath can be triggered in a chain, accelerating the sell-off. But if large buyers step in at lower levels, the price could rebound above that level.
Which signal matters more to you?
After a break below, stop-losses on long positions underneath can be triggered in a chain, accelerating the sell-off. But if large buyers step in at lower levels, the price could rebound above that level.
Which signal matters more to you?