🐋 Order-book watchers, take note:
$IRYS plunged 4.12% in 5 minutes, with the current price at 0.03733 and 24-hour trading volume at $393 million.
What does the flow of funds tell us?
· The drop was concentrated in just 5 minutes, suggesting aggressive selling
· The 24-hour change is also -24.54%, indicating an overall outflow of funds
· Watch for large buy orders absorbing the selling at lower levels. If they can’t, the price could easily fall further
What do you think?
#IRYS
$IRYS plunged 4.12% in 5 minutes, with the current price at 0.03733 and 24-hour trading volume at $393 million.
What does the flow of funds tell us?
· The drop was concentrated in just 5 minutes, suggesting aggressive selling
· The 24-hour change is also -24.54%, indicating an overall outflow of funds
· Watch for large buy orders absorbing the selling at lower levels. If they can’t, the price could easily fall further
What do you think?
#IRYS