🐋 Capital is voting with its feet: $PARTI has broken below the 0.035 level
Key levels usually have a large number of stop-loss orders clustered around them, and big players love to make their move there: either trigger long-position stop-losses on a break below, then push the price back up, or follow through with the breakout and ride the move. To tell the two apart, watch which direction trading volume is concentrated in above and below the price level.
Key levels usually have a large number of stop-loss orders clustered around them, and big players love to make their move there: either trigger long-position stop-losses on a break below, then push the price back up, or follow through with the breakout and ride the move. To tell the two apart, watch which direction trading volume is concentrated in above and below the price level.