@erode8
Large buy orders near key support levels or large sell orders near resistance levels can act as price barriers. When a significant buy order is placed, it may indicate strong demand at that price point, potentially leading to price stabilization or a reversal. Conversely, large sell orders can suggest resistance, signaling a possible price drop. Observing the order book depth and how these large orders are filled can give traders insights into the market's direction and potential breakout or breakdown points.
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