【Veteran Trader Watch】 $PEAQ Medium-to-high risk
PEAQ’s recent trading volume has been somewhat unusual.
Trading volume was about $3.29 million on October 8, then rose to around $9.63 million on October 9, with the price returning to around $0.042. The increase in volume shows that trading activity has picked up significantly, but there is still resistance near $0.046, so it’s too early to treat this as a breakout.
Watch two levels next: whether $0.042 can hold, and whether rising volume can push the price above $0.046. Another risk is the upcoming token unlock, so don’t chase the price just because volume has suddenly surged.
Entry: $0.0415–$0.0425 (consider entering only after a pullback stabilizes)
Take profit: $0.0440 / $0.0460 / $0.0480 / $0.0500 / $0.0530
Stop loss: $0.0395
PEAQ’s recent trading volume has been somewhat unusual.
Trading volume was about $3.29 million on October 8, then rose to around $9.63 million on October 9, with the price returning to around $0.042. The increase in volume shows that trading activity has picked up significantly, but there is still resistance near $0.046, so it’s too early to treat this as a breakout.
Watch two levels next: whether $0.042 can hold, and whether rising volume can push the price above $0.046. Another risk is the upcoming token unlock, so don’t chase the price just because volume has suddenly surged.
Entry: $0.0415–$0.0425 (consider entering only after a pullback stabilizes)
Take profit: $0.0440 / $0.0460 / $0.0480 / $0.0500 / $0.0530
Stop loss: $0.0395