🐋 $NIL has broken below its 30-day low, and selling hasn't stopped.
Current price: 0.06206, below the previous low of 0.06288. 24-hour trading volume: $2.62 million.
There are usually plenty of long-position stop-loss orders below the previous low, and breaking through it can trigger a chain reaction of stop-losses. Watch for large orders stepping in to buy at lower levels.