$DEBIT My current judgment is slightly bullish, but I won’t chase at this level. It’s better to wait for a pullback and confirm. In the 1-hour window, price was pulled up from around 1.125 to 1.295, then fell back to a low near 1.179; it has recently returned to 1.219. In the 15-minute timeframe, it surged to 1.241 and then gave it back, which suggests there is indeed profit-taking pressure overhead.
The capital structure isn’t too bad: PancakeSwap Infinity’s main pool is up about 6.5% over the last 6 hours. There were 16,567 buy orders versus 15,145 sell orders; however, in the most recent 1 hour, sell orders were 3,496—higher than 3,281 buys—so there’s rotation in the short term. The main pool depth is about $1.56M, and the 1-hour trading volume is around $3.5M. Trading volume/depth is more than double, meaning price can be pushed quickly by the flow of funds.
My trade references are very clear: only if, on the 1-hour chart, it reclaims above 1.24 and hourly trading volume stays above $3M will I consider the move to be continuing; if 1.18 breaks down, then the bullish logic fails. Circulating supply is about 17.22M, with total supply 100M, and circulating float is only 17%, so supply-side changes later remain a suppressing factor. Until it stabilizes above 1.24, I won’t chase.
#DEBIT #Teller #BSC
The capital structure isn’t too bad: PancakeSwap Infinity’s main pool is up about 6.5% over the last 6 hours. There were 16,567 buy orders versus 15,145 sell orders; however, in the most recent 1 hour, sell orders were 3,496—higher than 3,281 buys—so there’s rotation in the short term. The main pool depth is about $1.56M, and the 1-hour trading volume is around $3.5M. Trading volume/depth is more than double, meaning price can be pushed quickly by the flow of funds.
My trade references are very clear: only if, on the 1-hour chart, it reclaims above 1.24 and hourly trading volume stays above $3M will I consider the move to be continuing; if 1.18 breaks down, then the bullish logic fails. Circulating supply is about 17.22M, with total supply 100M, and circulating float is only 17%, so supply-side changes later remain a suppressing factor. Until it stabilizes above 1.24, I won’t chase.
#DEBIT #Teller #BSC