🐋 $LIT has moved above the 2.7 level, where limit orders and stop-losses are usually most concentrated.
After breaking above it, short sellers' stop-losses overhead can be triggered one after another, accelerating the move; but if volume fails to keep up, the price can also get knocked back below the level.
Where do you think the key dividing line is?
Crypto trading carries risks. Please exercise caution before entering the market.
After breaking above it, short sellers' stop-losses overhead can be triggered one after another, accelerating the move; but if volume fails to keep up, the price can also get knocked back below the level.
Where do you think the key dividing line is?
Crypto trading carries risks. Please exercise caution before entering the market.
