Follow the money:
$PLAY 1-hour plunge of 10.85%, current price 0.00878, 24h trading volume $52.83 million.
What do the fund flows tell us?
· The decline was concentrated in just one hour, suggesting heavy selling was concentrated
· Still up +39.81% over 24h, pointing to profit-taking
· Next, watch for large buy orders at lower levels. If they don't absorb the selling, the price could easily dip again
What data do you usually keep an eye on?
$PLAY 1-hour plunge of 10.85%, current price 0.00878, 24h trading volume $52.83 million.
What do the fund flows tell us?
· The decline was concentrated in just one hour, suggesting heavy selling was concentrated
· Still up +39.81% over 24h, pointing to profit-taking
· Next, watch for large buy orders at lower levels. If they don't absorb the selling, the price could easily dip again
What data do you usually keep an eye on?