On the US futures side, I’d focus on the quality of the rebound. What matters more now is whether selling pressure continues to build—if it doesn’t, the setup is still worth discussing. The previous completed 5m candle was -4.44%; the current price is 0.007264, 24h turnover is 56.5323 million, price is above VWAP at 0.007106, and volume is 2.3x.
Whether the pullback holds VWAP at 0.007106, and whether volume quickly contracts after expanding to 2.3x, will matter more than this candle in the next move.
#US #Volatility Alert
Whether the pullback holds VWAP at 0.007106, and whether volume quickly contracts after expanding to 2.3x, will matter more than this candle in the next move.
#US #Volatility Alert