Is smart money starting to take positions? $IDOL has lost the 0.013 level.
Key levels are usually surrounded by clusters of orders, and big players love to make moves around them: they may push the price below the level to trigger long stop-losses, then reclaim it—or ride the momentum and push it lower. To tell the difference, look at which direction the large orders near the price are skewed toward.
Key levels are usually surrounded by clusters of orders, and big players love to make moves around them: they may push the price below the level to trigger long stop-losses, then reclaim it—or ride the momentum and push it lower. To tell the difference, look at which direction the large orders near the price are skewed toward.