$A recap: Up 6.7% over the past 24 hours, with a current price of 0.1093.
Looking at the candlesticks, volume has been the key driver of this move: each rally has been backed by trading volume, suggesting this isn’t just a one-day pump. However, there’s considerable overhead selling pressure above 0.1093, so a continued push higher will require even stronger volume.
As for trading, it’s better to wait for a pullback and confirmation than to chase the price. What’s your current position? #A
For discussion only; not investment advice.
Looking at the candlesticks, volume has been the key driver of this move: each rally has been backed by trading volume, suggesting this isn’t just a one-day pump. However, there’s considerable overhead selling pressure above 0.1093, so a continued push higher will require even stronger volume.
As for trading, it’s better to wait for a pullback and confirmation than to chase the price. What’s your current position? #A
For discussion only; not investment advice.