Latest data: $XPL ｜Breaks through the 0.07 level
Definition: A large number of stop-loss orders often cluster around a key level. Once the price crosses it, these stops are triggered all at once, often causing volatility to spike suddenly.
Common interpretation: The level itself does not determine the direction. It is more a point where buyers and sellers are locked in intense competition; ultimately, the outcome depends on capital flows.
Don’t chase a trade at the moment volatility is moving fastest. Wait for the candlestick to close and settle before taking another look.
Just chatting; this is not advice.
Definition: A large number of stop-loss orders often cluster around a key level. Once the price crosses it, these stops are triggered all at once, often causing volatility to spike suddenly.
Common interpretation: The level itself does not determine the direction. It is more a point where buyers and sellers are locked in intense competition; ultimately, the outcome depends on capital flows.
Don’t chase a trade at the moment volatility is moving fastest. Wait for the candlestick to close and settle before taking another look.
Just chatting; this is not advice.
