@forts
Market depth analysis shows the order book’s buy and sell walls, indicating key levels of support and resistance. A large concentration of buy orders at a certain price level can signal support, while large sell orders may indicate resistance. By tracking how these levels shift in real time, traders can anticipate potential breakouts. If a price breaks through a significant resistance with strong buying volume, it could signal a bullish move. Conversely, failure to break support may indicate a reversal or consolidation.
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