🐋 For those watching the flow of funds: $UNI has fallen below the 7 level
There are often large clusters of pending orders around key levels, and that’s where big players like to make their move: they may push the price below a level to trigger stop-losses, then pull it back up, or break through and ride the move. To tell the difference, watch which direction trading volume near the level is concentrated.
There are often large clusters of pending orders around key levels, and that’s where big players like to make their move: they may push the price below a level to trigger stop-losses, then pull it back up, or break through and ride the move. To tell the difference, watch which direction trading volume near the level is concentrated.