👀 Smart money is watching this: a $CT 5-minute plunge of 4%
To assess the strength of the selling pressure, I usually look at two details first:
· Are there waves of aggressive sell orders during the decline?
· Do large orders step in after the price falls to a low?
For reference: 24h trading volume: $35.26 million; 24h change: -2.6%. If both conditions are met, it’s often just a change of hands. If only the first is true, beware of further selling pressure.
#CT
To assess the strength of the selling pressure, I usually look at two details first:
· Are there waves of aggressive sell orders during the decline?
· Do large orders step in after the price falls to a low?
For reference: 24h trading volume: $35.26 million; 24h change: -2.6%. If both conditions are met, it’s often just a change of hands. If only the first is true, beware of further selling pressure.
#CT