Chip flows are shifting: $UNI has fallen below the 5 level
Large numbers of limit orders often sit around key levels, which is exactly where major players like to make their move: either they push the price below the level to trigger long stop-losses, then pull it back up, or they ride the momentum and drive it lower. To tell these scenarios apart, watch which way the large orders above and below the price are leaning.
Just sharing my thoughts; this is not investment advice.
Large numbers of limit orders often sit around key levels, which is exactly where major players like to make their move: either they push the price below the level to trigger long stop-losses, then pull it back up, or they ride the momentum and drive it lower. To tell these scenarios apart, watch which way the large orders above and below the price are leaning.
Just sharing my thoughts; this is not investment advice.
