🐋 $EVAA breaks through the 1.5 level, where limit orders and stop-losses are usually most concentrated.
Once it moves above that level, stop-losses on short positions can be triggered one after another, driving a sharp move higher. But if volume doesn’t pick up, it could just as easily get pushed back below the level.
What do you think?
Once it moves above that level, stop-losses on short positions can be triggered one after another, driving a sharp move higher. But if volume doesn’t pick up, it could just as easily get pushed back below the level.
What do you think?
