🐋 $AGT broke below the 0.035 level, where limit orders and stop-losses are often most densely clustered.
After a break below, stop-losses on long positions underneath can easily be triggered one after another, bringing a sharp accelerated drop; but if big money steps in to buy at lower levels, the price could also be pulled back above the level.
Which side do you think will win? Share your thoughts in the comments.
After a break below, stop-losses on long positions underneath can easily be triggered one after another, bringing a sharp accelerated drop; but if big money steps in to buy at lower levels, the price could also be pulled back above the level.
Which side do you think will win? Share your thoughts in the comments.