🐳 Where is the money going? $AGT breaks below the 0.075 level
There are usually a lot of resting orders around price levels like this. Big players love to make their move here: they may push the price below the level to trigger stop-losses on long positions, then recover—or keep up the downward momentum and drive the price lower. To tell which is happening, watch which direction trading activity around the level is concentrated.
There are usually a lot of resting orders around price levels like this. Big players love to make their move here: they may push the price below the level to trigger stop-losses on long positions, then recover—or keep up the downward momentum and drive the price lower. To tell which is happening, watch which direction trading activity around the level is concentrated.