On the contract end, I’ll stand by and observe this order for now. Don’t just look at a single line—what matters is: as long as selling pressure doesn’t expand afterward, the discussion of value is still valid. The previous full 5m candle was -5.19%; current price is 0.08331; 24h volume is 16.5686 million; VWAP is below at 0.090445; volume is up to 4.7x.
If there’s a pullback, can it re-establish itself back above VWAP 0.090445? After the volume amplifies to 4.7x, will it immediately shrink back? These quick moves are most afraid of just bouncing once—after that, you need to watch the selling pressure.
#ONG #abnormal-movement alert
If there’s a pullback, can it re-establish itself back above VWAP 0.090445? After the volume amplifies to 4.7x, will it immediately shrink back? These quick moves are most afraid of just bouncing once—after that, you need to watch the selling pressure.
#ONG #abnormal-movement alert