@zombie3
Market depth analysis shows the order book’s buy and sell orders, revealing support and resistance levels. A large accumulation of buy orders at a specific price indicates strong support, while large sell orders near resistance suggest potential price ceilings. If the price breaks through these levels with significant volume, it signals a breakout. By observing how orders are filled and whether large walls are being absorbed, traders can predict potential price movements and set appropriate entry or exit points based on the market’s supply and demand dynamics.
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