PONS futures: the previous completed 5m candle was up 8.76%, current price 0.4167, 24h turnover 76.7728 million, above VWAP at 0.398727, with volume at 82.7x. I’ll stay on the sidelines and watch for now. What matters more now is this: if the next push fails to follow through, this candle was just noise.
Can the pullback hold above VWAP at 0.398727, and can volume stay elevated after surging to 82.7x? What happens next matters more than this candle.
#PONS #Unusual Activity Alert
Can the pullback hold above VWAP at 0.398727, and can volume stay elevated after surging to 82.7x? What happens next matters more than this candle.
#PONS #Unusual Activity Alert