A lot of the money flow is hidden in trading activity: $TAC 5-minute plunge of 4.55%
To judge who’s selling, I usually look at two details first:
· Are there clusters of large sell orders during the decline?
· After the price hits a low, are large buy orders stepping in to absorb the selling?
Reference: 24h trading volume: $24.21 million; 24h +35.92%. If both conditions are met, it’s probably just a change of hands; if only the first is, be cautious—another leg down may still be coming.
To judge who’s selling, I usually look at two details first:
· Are there clusters of large sell orders during the decline?
· After the price hits a low, are large buy orders stepping in to absorb the selling?
Reference: 24h trading volume: $24.21 million; 24h +35.92%. If both conditions are met, it’s probably just a change of hands; if only the first is, be cautious—another leg down may still be coming.