Large-order quick take: $ESPORTS 5-minute spike of 19.22%
To assess the quality of buying, I’d first watch two things:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large sell orders start coming in after the price moves higher
For comparison: 24h trading volume is $499 million, up 105.9% over 24h. If the first is happening and the second isn’t, then this move is genuinely being driven by buying pressure.
#ESPORTS
To assess the quality of buying, I’d first watch two things:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large sell orders start coming in after the price moves higher
For comparison: 24h trading volume is $499 million, up 105.9% over 24h. If the first is happening and the second isn’t, then this move is genuinely being driven by buying pressure.
#ESPORTS
