On the MBL spot market, the last completed 5-minute candle was up 26.56%. The current price is 0.000979, 24-hour turnover is 448,000, and price is above the VWAP at 0.000881, with volume at 17.0x. I’m leaning toward the support side. Don’t focus on just one candle—the key is that as long as volume keeps flowing, it’s still worth discussing.
Can the price hold above the VWAP at 0.000881 on a pullback, and can volume stay elevated after expanding to 17.0x? I’d rather see what happens on the next move than judge by this one candle alone.
#MBL #UnusualMoveAlert
Can the price hold above the VWAP at 0.000881 on a pullback, and can volume stay elevated after expanding to 17.0x? I’d rather see what happens on the next move than judge by this one candle alone.
#MBL #UnusualMoveAlert