comment
High Volume and Sell Dominance Signal for COMPUSDT
The trading activity for COMPUSDT on Bybit shows an unusual trading volume of 95.2k USDT, with a slight decrease in price of 0.25%, currently trading at 40.43 USDT. Buy orders constitute only 2% while sell orders dominate with 98%. Over the past day, the price has increased by 1.05%. This discrepancy with high volume and predominantly selling could indicate strong selling pressure or potential accumulation by larger traders.
Source available for registered users Sign Up Free
AI Analysis
The recent trading data for COMPUSDT on Bybit exhibits an anomalously high volume of 95.2k USDT, which is notable given the context of the other metrics. Despite a minor decline of 0.25% in price, the...
AI Recommendation
Given the current situation, traders should exercise caution. The high volume with minimal buy orders suggests significant distribution or profit-taking, possibly leading to further downside. It is ad...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
partial sell
don't buy
sell on strength
n/a