🐋 Order-book watchers, take note: $LYN plunged 2.15% in 5 minutes
To assess the quality of selling, I usually watch for two things:
· Whether large sell orders appear in clusters during the decline
· Whether large buy orders step in to absorb selling after the price falls to a low
For reference: 24h trading volume: $52.1 million; 24h change: -2.15%. If both conditions are met, it often indicates a handover between buyers and sellers; if only the first is met, be wary of further selling pressure.
To assess the quality of selling, I usually watch for two things:
· Whether large sell orders appear in clusters during the decline
· Whether large buy orders step in to absorb selling after the price falls to a low
For reference: 24h trading volume: $52.1 million; 24h change: -2.15%. If both conditions are met, it often indicates a handover between buyers and sellers; if only the first is met, be wary of further selling pressure.