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Large buy orders at key support levels suggest strong demand, which can lead to price stabilization or a potential rise. Similarly, large sell orders near resistance levels act as barriers, preventing upward movement. If these orders get absorbed or moved, it signals a potential breakout or breakdown. Monitoring the order book helps traders spot price points where large transactions may occur, offering clues on where the price might face upward or downward pressure, allowing for more informed trade decisions.
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