Are positions changing hands quickly? $PIEVERSE has lost the 1.8 level
There are usually clusters of stop-loss orders around levels like this, making them prime spots for big players to act: they may either push the price below the level to trigger stops, then buy it back, or ride the momentum lower. To tell the difference, watch which way the large orders near the level are leaning.
Volatility is high, so manage your leverage carefully.
There are usually clusters of stop-loss orders around levels like this, making them prime spots for big players to act: they may either push the price below the level to trigger stops, then buy it back, or ride the momentum lower. To tell the difference, watch which way the large orders near the level are leaning.
Volatility is high, so manage your leverage carefully.
