From an order-flow perspective:
$Q 5-minute surge of +2.05%, current price 0.05403, 24-hour trading volume of $74.6 million.
Breaking down the flows:
· The gains were concentrated in just 5 minutes, indicating aggressive buying
· The 24-hour change is also +3.73%, showing a consistent flow of funds
· Next, watch whether large orders continue; if they don't, gains could easily be given back
Keep a close eye on it.
$Q 5-minute surge of +2.05%, current price 0.05403, 24-hour trading volume of $74.6 million.
Breaking down the flows:
· The gains were concentrated in just 5 minutes, indicating aggressive buying
· The 24-hour change is also +3.73%, showing a consistent flow of funds
· Next, watch whether large orders continue; if they don't, gains could easily be given back
Keep a close eye on it.