👀 Funds Watch: A sharp 5.17% surge in $BILL 5 minutes
To figure out who’s buying, I’d first watch for two things:
· Whether there are consecutive aggressive buy orders during the surge
· Whether large orders are being sold after the price reaches a high
For reference: 24h trading volume: $18.14 million; 24h change: +33.22%. Only if the first condition is met and the second isn’t can we say this rally is genuinely backed by buyers.
#BILL
To figure out who’s buying, I’d first watch for two things:
· Whether there are consecutive aggressive buy orders during the surge
· Whether large orders are being sold after the price reaches a high
For reference: 24h trading volume: $18.14 million; 24h change: +33.22%. Only if the first condition is met and the second isn’t can we say this rally is genuinely backed by buyers.
#BILL