Quick take on INTCB: good move, but risk comes first.
68.54 · -25.29% 24h · Vol 48M USDT.
INTCB is worth watching given its 24h volatility; the main question is whether buying pressure will continue or if it's already too late.
I don't want to read one candle as the whole story. I won't jump to conclusions too early; for now, I'm just watching volume, price levels, and the reaction after the move. Down -25.29% — sellers are clearly in control. Catching the bottom only makes sense when selling pressure dries up and volume contracts around 67.06; until we see that, waiting is safer.
If I keep watching, I'll wait for a reaction around 67.06 or a cleaner reclaim of 93.54.
Bullish or waiting?
#INTCB #RiskManagement #Trading
68.54 · -25.29% 24h · Vol 48M USDT.
INTCB is worth watching given its 24h volatility; the main question is whether buying pressure will continue or if it's already too late.
I don't want to read one candle as the whole story. I won't jump to conclusions too early; for now, I'm just watching volume, price levels, and the reaction after the move. Down -25.29% — sellers are clearly in control. Catching the bottom only makes sense when selling pressure dries up and volume contracts around 67.06; until we see that, waiting is safer.
If I keep watching, I'll wait for a reaction around 67.06 or a cleaner reclaim of 93.54.
Bullish or waiting?
#INTCB #RiskManagement #Trading