QI spot market—here are the numbers first. Specifically: the numbers tell us one thing: the market is repricing risk. The last completed 5m candle was -3.18%; the current price is 0.0026, 24h turnover is 722.6K, price is below the VWAP of 0.002621, and volume is 2.4x.
Can it reclaim the VWAP at 0.002621 on a pullback? After volume expands to 2.4x, will it immediately contract again? With a fast-moving coin like this, the biggest risk is a one-candle bounce; next, watch for selling pressure.
#QI #UnusualMoveAlert
Can it reclaim the VWAP at 0.002621 on a pullback? After volume expands to 2.4x, will it immediately contract again? With a fast-moving coin like this, the biggest risk is a one-candle bounce; next, watch for selling pressure.
#QI #UnusualMoveAlert