🐳 Where’s the money going? $REZ breaks through the 0.005 level
Large numbers of stop-loss orders are usually clustered near key levels, making them prime spots for big players to make a move: either ride the breakout and push the price higher, or sell into buying pressure from those chasing the rally. To tell the difference, look at which side has the larger orders clustered above and below the price.
Large numbers of stop-loss orders are usually clustered near key levels, making them prime spots for big players to make a move: either ride the breakout and push the price higher, or sell into buying pressure from those chasing the rally. To tell the difference, look at which side has the larger orders clustered above and below the price.