On the CYPHB spot market, it’s easy to be swayed by the drop at first glance. Don’t focus on just one line. The key is to first see whether the rebound comes with volume—don’t rush to call a bottom. The previous completed 5m candle was -4.35%; current price is 2.45, 24h turnover is 276.9k, price is below VWAP at 2.577, and volume is 13.6x.
Can the price regain VWAP at 2.577 after the pullback? Will volume, after surging to 13.6x, immediately contract again? Don’t draw conclusions yet—wait for the market to fill in the answer.
#CYPHB #Unusual Movement Alert
Can the price regain VWAP at 2.577 after the pullback? Will volume, after surging to 13.6x, immediately contract again? Don’t draw conclusions yet—wait for the market to fill in the answer.
#CYPHB #Unusual Movement Alert