FLNC contract end, don’t panic and fill up yet. Specifically: the key is not how much it drops, but whether the sell pressure keeps expanding. The previous full 5m candle fell -20.40%; current price is 7.28; 24h turnover is 6,908.7k; below VWAP 8.2216; volume is 120.3x.
If it retraces, can it reclaim VWAP 8.2216? After the 120.3x volume surge, will it immediately pull back again? For the second trade, whether it continues to cooperate—more important than the first candle.
#FLNC #anomaly alert
If it retraces, can it reclaim VWAP 8.2216? After the 120.3x volume surge, will it immediately pull back again? For the second trade, whether it continues to cooperate—more important than the first candle.
#FLNC #anomaly alert