🐋 $CHIP hits a new 24-hour low; the selling isn't over.
Current price: 0.03633, breaking below the previous low of 0.03651. 24-hour trading volume: $1.2 million.
A large number of long positions' stop-loss orders often pile up below the previous low. Breaking below it can trigger a cascade of stop-losses; watch for large orders stepping in to buy at lower levels.
#CHIP
Crypto markets move fast; use leverage with restraint.
Current price: 0.03633, breaking below the previous low of 0.03651. 24-hour trading volume: $1.2 million.
A large number of long positions' stop-loss orders often pile up below the previous low. Breaking below it can trigger a cascade of stop-losses; watch for large orders stepping in to buy at lower levels.
#CHIP
Crypto markets move fast; use leverage with restraint.
