On the TA futures side, the previous completed 5m candle was up +7.08%. Current price: 0.0561; 24h turnover: 1.2202 million. Price is above VWAP 0.052464, with volume at 18.7x. This candle could easily get people carried away. The key question: if momentum doesn't follow through, it could fade quickly.
Can the pullback hold VWAP 0.052464, and can volume sustain its 18.7x surge? Would you wait for confirmation of continuation first, or guard against a spike and retracement?
#TA #UnusualMoveAlert
Can the pullback hold VWAP 0.052464, and can volume sustain its 18.7x surge? Would you wait for confirmation of continuation first, or guard against a spike and retracement?
#TA #UnusualMoveAlert