🐋 $TSLAB broke below its 7-day low, and selling pressure hasn't let up.
Current price: 365.93, breaking below the previous low of 374.2; 24-hour trading volume: $6.39 million.
Many long positions often have stop-loss orders below the previous low, and breaking through it may trigger a cascade of stop-losses. Watch for signs of large buyers absorbing the sell-off at lower levels.
Current price: 365.93, breaking below the previous low of 374.2; 24-hour trading volume: $6.39 million.
Many long positions often have stop-loss orders below the previous low, and breaking through it may trigger a cascade of stop-losses. Watch for signs of large buyers absorbing the sell-off at lower levels.