WAL perpetuals: the previous completed 5-minute candle rose 8.94%; current price is 0.0415, 24h turnover is 8.9662 million, above VWAP at 0.038597, with volume at 18.8x. Don't rush in just yet. What matters more now: don't read too much into the first reaction—the second push is the real test.
Can the pullback hold above VWAP at 0.038597, and can volume stay elevated after expanding to 18.8x? If volume fails to follow through, this rally could easily fizzle out.
#WAL #UnusualMoveAlert
Can the pullback hold above VWAP at 0.038597, and can volume stay elevated after expanding to 18.8x? If volume fails to follow through, this rally could easily fizzle out.
#WAL #UnusualMoveAlert