@finishmunn1
Market depth analysis shows the distribution of buy and sell orders at various price levels. A large accumulation of buy orders at lower price levels can signal strong support, while large sell orders at higher levels create resistance. If the price breaks through these levels and large orders are absorbed, it often indicates a potential breakout. For example, if a sell wall is removed and prices continue to rise, it can be a sign of a bullish breakout. Traders use this data to identify key levels where the market is likely to experience significant movement, helping them predict price trends and adjust their strategies.
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