Meet the Market Depth: Unlock Free LV2 Data & Spot Key Price Levels

Team moomoo wrote a column · Jan 15 04:33

Hey Mooers!

Trading is all about identifying signals and attempting to make accurate judgments in a constantly changing market. Access to reliable and more in-depth market data can make a difference.

With Level 2 data, you can stay in the game. This feature displays real-time buy and sell orders for a given asset, helping you grasp the ever-changing dynamics of supply and demand and make more informed trading decisions.

Meet the Market Depth: Unlock Free LV2 Data & Spot Key Price Levels

How to Use Level 2 Data to Capture Potential Trading Opportunities?

Taking the stock TUTU as an example (TUTU is a fictional stock), the current stock price is $200.

If there is a large buy order for 20k shares at a price of $199, this could be viewed as a reasonable support level because the stock price would have to drop below $199 to fill that large buy order.

Contrary to large buy orders, large sell orders can indicate potential resistance to short-term price increases. It is possible for traders to use this information to potentially sell the stock before the large sell orders are executed in an attempt to take profit at or below this resistance.

On the sell side, traders offer approximately 17k shares at $206, forming a temporary resistance against the upward price trend.

Don't pay hundreds elsewhere for data your capital can earn you here.

With moomoo's Level 2 data, you can stay in the game. This feature displays real-time buy and sell orders for a given asset, helping you grasp the ever-changing dynamics of supply and demand and make more informed trading decisions.

In moomoo US

– Level 2 data is free for Moomoo Financial Inc. accounts with a minimum 30-day average account value of $100+

– Nasdaq Totalview date is free for Moomoo Financial Inc. accounts with a minimum 30-day average account value of $25,000+

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Your money works for you in the market, now let it upgrade your toolkit.

🎁 PROMPT ENGINEERING CHALLENGE: Share & Earn!

Level 2 data helps to let you see where the big players are hiding. Can you spot a "Whale" order?

How to Enter:

1. Take a look at the Level 2 Order Book for a "volatile" stock.

2. Screenshot the full depth (multiple rows of bids/asks).

a. The Discovery: What information was visible in LV2 that wasn't visible in the standard quote (LV1)?

b. The Confidence: How much more confident did you feel placing your trade with this data?

3. Share your insights in the discussion and tell us:

Prize: 200 moomoo Points

Activity Period: Now – January 31, 2026

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.
All content such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of moomoo or any of its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations.

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more