🐋 $AKE broke through the 0.025 level. There are often lots of limit orders and stop-losses clustered around key levels.
Once it moves above, short stop-losses overhead can be triggered one after another, driving an accelerated move. But if volume doesn't pick up, it could just as easily get knocked back below the level.
What would you do if the price moves against you next?
Once it moves above, short stop-losses overhead can be triggered one after another, driving an accelerated move. But if volume doesn't pick up, it could just as easily get knocked back below the level.
What would you do if the price moves against you next?