G printed a +33.1% candle on $45M of volume.
Price wicked to the 7-day high of 0.0124 before pulling back to 0.00986. The key is that it's still holding above the 20-day EMA at 0.00904.
RSI at 58 isn't overbought. The desk's read is that as long as the bid stays above that EMA, another push to the highs is on the table.
Are we retesting the 0.0124 high or is this the top for now?
$G
More of these coming today. Follow to catch them as they land.
Price wicked to the 7-day high of 0.0124 before pulling back to 0.00986. The key is that it's still holding above the 20-day EMA at 0.00904.
RSI at 58 isn't overbought. The desk's read is that as long as the bid stays above that EMA, another push to the highs is on the table.
Are we retesting the 0.0124 high or is this the top for now?
$G
More of these coming today. Follow to catch them as they land.
