On the SYN contract, the previous completed 5m candle was up +5.45%. Current price: 0.19719; 24h turnover: 8.5793 million; above VWAP at 0.183416; volume is 4.0×. This candle could easily get people carried away. Here’s what to watch: it’s fine to feel excited, but the real question is whether buyers step in on a pullback.
Can price hold VWAP at 0.183416 on a pullback, and can volume stay elevated after expanding to 4.0×? Would you watch for support on the pullback first, or wait for volume confirmation?
#SYN #Unusual Activity Alert
Can price hold VWAP at 0.183416 on a pullback, and can volume stay elevated after expanding to 4.0×? Would you watch for support on the pullback first, or wait for volume confirmation?
#SYN #Unusual Activity Alert