$ZEC |1300 level breached
Before looking at fund flows, first understand the key price levels.
Large numbers of stop-loss orders often accumulate around key levels. Once the price moves past one, these stops are triggered together, often causing volatility to spike.
The first pullback after a breakout is often seen as a test: only if the price stabilizes near the key level does the idea that resistance has turned into support really hold up.
Extreme readings usually signal more severe volatility. At times like these, it’s better to reduce leverage rather than increase your position.
Before looking at fund flows, first understand the key price levels.
Large numbers of stop-loss orders often accumulate around key levels. Once the price moves past one, these stops are triggered together, often causing volatility to spike.
The first pullback after a breakout is often seen as a test: only if the price stabilizes near the key level does the idea that resistance has turned into support really hold up.
Extreme readings usually signal more severe volatility. At times like these, it’s better to reduce leverage rather than increase your position.