🐋 Note for order-book watchers: $AGT plunged 5.23% in 1 hour
To judge the quality of selling pressure, I usually watch two things first:
· Whether there are clusters of large sell orders during the drop
· Whether large orders step in to buy after the price falls
For comparison: 24h trading volume was $408 million, down 17.98% over 24h. If both conditions are met, it’s often a shakeout; if only the first is true, be cautious—there may still be more selling pressure ahead.
To judge the quality of selling pressure, I usually watch two things first:
· Whether there are clusters of large sell orders during the drop
· Whether large orders step in to buy after the price falls
For comparison: 24h trading volume was $408 million, down 17.98% over 24h. If both conditions are met, it’s often a shakeout; if only the first is true, be cautious—there may still be more selling pressure ahead.