On the GNS spot market, don’t go by gut feeling—check the price action first. Specifically, look at the drop and trading volume together to tell whether this is panic selling. The previous completed 5m candle was down 4.98%; current price is 0.591, 24h trading volume is 11.7159 million, price is below VWAP 0.664931, and volume is 6.3×.
Can the price reclaim VWAP 0.664931 on a retest? Will volume quickly contract after the 6.3× surge? Don’t rush to take sides—wait and see how the next candle develops.
#GNS #UnusualMoveAlert
Can the price reclaim VWAP 0.664931 on a retest? Will volume quickly contract after the 6.3× surge? Don’t rush to take sides—wait and see how the next candle develops.
#GNS #UnusualMoveAlert