I’m seeing $MVLL 15 minutes rally 4.8%, with volume surging 6.7x—but could this just be a short-term breather?
I’m currently leaning bullish in the short term because the 1-hour structure is clearly bullish, and the explosive, high-volume surge from the 8.66–8.99 demand zone was strong. But this is still a countertrend trade.
I’m currently leaning bullish in the short term because the 1-hour structure is clearly bullish, and the explosive, high-volume surge from the 8.66–8.99 demand zone was strong. But this is still a countertrend trade.