🐋 $ZEC breaks above the 1150 level. Pending orders and stop-losses are often most concentrated around key levels.
After breaking above, stop-losses on short positions above the level can easily be triggered all at once, driving a burst of momentum. But if volume fails to follow through, the price can just as easily be pushed back below the level.
Bullish or bearish?
Markets can change in an instant. Please make your own judgment.
After breaking above, stop-losses on short positions above the level can easily be triggered all at once, driving a burst of momentum. But if volume fails to follow through, the price can just as easily be pushed back below the level.
Bullish or bearish?
Markets can change in an instant. Please make your own judgment.