Let’s talk about $PLAY “Shopify for mini-games”. The chart below explains orderflow perspective. TLDR: Price ↑ + OI ↑ = longs piling in → spike. Then OI gets parked at a higher baseline while price is held. Someone maintaining leveraged exposure in a thin market (spot).
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Let’s talk about $PLAY “Shopify for mini-games”. The chart below explains orderflow perspective. TLDR: Price ↑ + OI ↑ = longs piling in → spike. Then OI gets parked at a higher baseline while price is held. Someone maintaining leveraged exposure in a thin market (spot).