PLAY contract end, I’m more inclined to wait for confirmation of the next steps. What we should focus on now is this: if the next move can’t be connected, then this leg will only count as a weak dead-cat bounce. The previous leg completed 5m -5.70%. Current price is 0.02817; 24h volume is 7.4892 million; VWAP is 0.03054 (below it), with volume at 6.2x.
Can the pullback push price back up to VWAP 0.03054? After volume expands to 6.2x, will it immediately retract? Whether sell pressure is fading—this is the key dividing line for what happens next.
#PLAY #anomaly alert
Can the pullback push price back up to VWAP 0.03054? After volume expands to 6.2x, will it immediately retract? Whether sell pressure is fading—this is the key dividing line for what happens next.
#PLAY #anomaly alert