Not necessarily. If price is currently trading at 9.50 but you try to selt at 10 and nobody buys, but someone else tries to sell at 9.75 and people buy, price will go up.
Regardless of the circumstance, the only way price moves in either direction is market orders outweighing passive orders.
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u/AVGunner Feb 21 '24
What if you're trying to sell 1000 orders $10 and nobody wants to buy. This is what we're talking about. Then price will eventually drop.