🐋 $SNXXB hit a new 30-day low, and selling hasn't stopped.
Current price: 4.59, below the previous low of 4.62; 24-hour trading volume: $6.58 million.
A lot of long-position stop-loss orders often pile up below the previous low. Breaking through it can trigger a cascade of liquidations. Watch for large orders stepping in to buy at low prices.
#SNXXB
This view could be wrong at any time. Trade at your own risk.
Current price: 4.59, below the previous low of 4.62; 24-hour trading volume: $6.58 million.
A lot of long-position stop-loss orders often pile up below the previous low. Breaking through it can trigger a cascade of liquidations. Watch for large orders stepping in to buy at low prices.
#SNXXB
This view could be wrong at any time. Trade at your own risk.