🐳 Where is the money going? $ARX 1-hour plunge of 6.18%
To figure out who's selling, I usually look at two things first:
· Are there waves of aggressive sell orders during the drop?
· Are large buy orders stepping in after the price gets pushed down?
For comparison: 24h trading volume is $11.09 million, up 7.39% over 24h. If both are true, it's probably a shakeout; if only the first is true, be wary—the decline may have another leg.
To figure out who's selling, I usually look at two things first:
· Are there waves of aggressive sell orders during the drop?
· Are large buy orders stepping in after the price gets pushed down?
For comparison: 24h trading volume is $11.09 million, up 7.39% over 24h. If both are true, it's probably a shakeout; if only the first is true, be wary—the decline may have another leg.