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This AXS order book, the 1.2345 bid has been swallowed again by the dog whales. The signs of capital confrontation are too obvious, are the retail investors still watching the show and waiting for a pullback? Damn it, the main players are so aggressively shaking out the stops that they've almost worn out their underwear.
The 1.2345 level is the absolute stop-loss line calculated by the quantitative model; if it drops below, they dump, if it doesn't, they send money. Now there's abnormal activity in the order book, and a bottom-fishing signal has already emerged. Don't wait for the price to rise before chasing.
Order placement zone: around 1.2345, set stop-loss at 1.2200, first target at 1.2600. Don’t ask me why, data doesn’t lie, I’m too lazy to explain. 👇👇👇👇👇