🐋 $INIT has broken below its 24-hour low, and selling pressure isn't over yet.
Current price: 0.1841, below the previous low of 0.1846. 24-hour trading volume: $48.94 million.
There are often plenty of long-position stop-losses below the previous low, and breaking through it could trigger a cascade of liquidations. Watch for large buyers stepping in at these low levels.
Current price: 0.1841, below the previous low of 0.1846. 24-hour trading volume: $48.94 million.
There are often plenty of long-position stop-losses below the previous low, and breaking through it could trigger a cascade of liquidations. Watch for large buyers stepping in at these low levels.
