$INIT broke below the 24-hour low, and selling hasn't stopped.
Current price: 0.1247, below the previous low of 0.1256; 24-hour trading volume: US$986,000.
There are usually many stop-loss orders on long positions below the previous low. Breaking below it may trigger a chain of liquidations; watch for large buyers stepping in at lower levels.
#INIT
Current price: 0.1247, below the previous low of 0.1256; 24-hour trading volume: US$986,000.
There are usually many stop-loss orders on long positions below the previous low. Breaking below it may trigger a chain of liquidations; watch for large buyers stepping in at lower levels.
#INIT
