Watch the money, not the talk:
24-hour biggest decliners:
$IDOL -33.23%;$INIT -29.84%;$UAI -25.46%;HUMA -20.77%;BEAMX -19.91%
Hot money is pulling out of these coins, with $IDOL -33.23% taking the hardest hit. Next, watch for two signals: whether large orders step in at lower levels, and whether trading volume starts to dry up. Only if both happen can we talk about a bottom.
24-hour biggest decliners:
$IDOL -33.23%;$INIT -29.84%;$UAI -25.46%;HUMA -20.77%;BEAMX -19.91%
Hot money is pulling out of these coins, with $IDOL -33.23% taking the hardest hit. Next, watch for two signals: whether large orders step in at lower levels, and whether trading volume starts to dry up. Only if both happen can we talk about a bottom.
