🐋 $PIEVERSE has fallen below the 1.7 level. There are usually the most pending orders and stop-losses clustered near key levels.
After a break below, stop-losses on long positions underneath can easily be triggered in succession, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the level.
What would you do?
Make your own decisions when buying or selling—don't just follow the crowd.
After a break below, stop-losses on long positions underneath can easily be triggered in succession, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the level.
What would you do?
Make your own decisions when buying or selling—don't just follow the crowd.
