$INJ ｜Breaking below the 8 level
Before looking at capital flows, first understand round-number levels.
A lot of stop-loss orders tend to cluster near these levels. If the price moves past one, those stops can be triggered all at once, often causing volatility to spike.
When the price repeatedly crosses back and forth near a key level, both bulls and bears may get stopped out repeatedly. Keeping positions small is often a better choice until the direction becomes clear.
All indicators summarize market movements that have already happened; the market can move in the opposite direction at any time.
Before looking at capital flows, first understand round-number levels.
A lot of stop-loss orders tend to cluster near these levels. If the price moves past one, those stops can be triggered all at once, often causing volatility to spike.
When the price repeatedly crosses back and forth near a key level, both bulls and bears may get stopped out repeatedly. Keeping positions small is often a better choice until the direction becomes clear.
All indicators summarize market movements that have already happened; the market can move in the opposite direction at any time.