On the MOVR contract side, the last completed 5m candle was up 6.48%. Current price: 2.238; 24h turnover: 79.5718 million. Price is above VWAP at 1.9039, with volume at 4.6x. My take is simple: don't focus on just one candle. The key is that as long as volume keeps flowing, it's still worth discussing.
Can the price hold VWAP at 1.9039 on a pullback? Can volume stay elevated after expanding to 4.6x? We’ll see whether this move can hold its ground in the days ahead.
#MOVR #UnusualMoveAlert
Can the price hold VWAP at 1.9039 on a pullback? Can volume stay elevated after expanding to 4.6x? We’ll see whether this move can hold its ground in the days ahead.
#MOVR #UnusualMoveAlert