$AIN | Lost the 0.1 level
Before looking at fund flows, first understand round-number levels.
There are often many stop-loss orders placed around these levels. If the price crosses one, those stops can be triggered all at once, causing volatility to spike.
It’s common for the price to break through a level and then fall back, so many people wait for confirmation at the candle close rather than chasing the price the moment it crosses.
The same reading can mean very different things in different market conditions, so don’t apply any single rule mechanically.
#AIN
Before looking at fund flows, first understand round-number levels.
There are often many stop-loss orders placed around these levels. If the price crosses one, those stops can be triggered all at once, causing volatility to spike.
It’s common for the price to break through a level and then fall back, so many people wait for confirmation at the candle close rather than chasing the price the moment it crosses.
The same reading can mean very different things in different market conditions, so don’t apply any single rule mechanically.
#AIN