🐋 Watching for large orders: $ELSA dropped 3.2% in 15 minutes
To judge the quality of selling pressure, I usually watch two details first:
· Are there clusters of large sell orders during the decline?
· Are there large buy orders stepping in after the price hits a low?
For reference: 24h trading volume: $9.49 million; 24h change: -2.97%. If both are present, it often indicates a change of hands; if only the first is present, be alert to further selling pressure.
For reference only; not trading advice.
To judge the quality of selling pressure, I usually watch two details first:
· Are there clusters of large sell orders during the decline?
· Are there large buy orders stepping in after the price hits a low?
For reference: 24h trading volume: $9.49 million; 24h change: -2.97%. If both are present, it often indicates a change of hands; if only the first is present, be alert to further selling pressure.
For reference only; not trading advice.