On the ON contract, the previous fully completed 5-minute candle was up 8.71%. The current price is 0.1318, 24-hour turnover is 18.1114 million, price is above VWAP at 0.121066, and volume is 3.6x. Don't go by gut feeling—look at the evidence on the chart first: the numbers tell us one thing: the market is repricing it.

Can it hold VWAP at 0.121066 on a pullback, and can volume stay elevated after expanding to 3.6x? This kind of move is most vulnerable to a quick surge with nothing to follow.

#ON #Unusual Activity Alert