Big money making moves? $JCT 1-hour plunge of 8.1%
To gauge the strength of selling pressure, I usually look at two things first:
· Are there continuous large sell orders during the decline?
· Is there significant buying support after the price hits a low?
For reference: 24h trading volume of $120 million, 24h change of -19.51%. If both conditions are met, it often indicates a shift in ownership; if only the first is met, watch out for further selling pressure.
#JCT
To gauge the strength of selling pressure, I usually look at two things first:
· Are there continuous large sell orders during the decline?
· Is there significant buying support after the price hits a low?
For reference: 24h trading volume of $120 million, 24h change of -19.51%. If both conditions are met, it often indicates a shift in ownership; if only the first is met, watch out for further selling pressure.
#JCT