Quick take from a large-order perspective: $INIT 5-minute surge of 5.98%
To judge who's buying, I’d first watch two things:
· Are there consecutive aggressive buy orders during the surge?
· After the price rises, do large sell orders start hitting the market?
For reference: 24h trading volume: $20.86 million; 24h change: +34.89%. Only if the first condition holds and the second doesn’t can we say this rally is backed by capital.
#INIT
To judge who's buying, I’d first watch two things:
· Are there consecutive aggressive buy orders during the surge?
· After the price rises, do large sell orders start hitting the market?
For reference: 24h trading volume: $20.86 million; 24h change: +34.89%. Only if the first condition holds and the second doesn’t can we say this rally is backed by capital.
#INIT
