Follow the money:
$FLUID broke above 2.574, reaching a six-month high. At the moment of the breakout, all shares bought at any point in the past 180 days were sitting on unrealized gains.
Trading value then surged to 19.3 times the daily average: new money was buying, while holders who had broken even took the opportunity to cash out. Which side has more patience depends on whether buyers are still there during a pullback.
Markets change in an instant, so don’t rush to conclusions.
$FLUID broke above 2.574, reaching a six-month high. At the moment of the breakout, all shares bought at any point in the past 180 days were sitting on unrealized gains.
Trading value then surged to 19.3 times the daily average: new money was buying, while holders who had broken even took the opportunity to cash out. Which side has more patience depends on whether buyers are still there during a pullback.
Markets change in an instant, so don’t rush to conclusions.
