$INIT rises 46.94% to 0.25675... Is momentum continuing, or is a correction coming?
The upward move is clear on the 15-minute timeframe, but the trading volume ratio of 0.18 reflects relatively weak liquidity. This calls for caution; don’t rely on the price movement alone as a definitive indicator.
The likely scenario is a move toward higher levels, while waiting for confirmation from trading volume before increasing exposure.
Follow us for more ongoing analysis.
$INIT
This content is not investment advice. Do your own research (DYOR).
The upward move is clear on the 15-minute timeframe, but the trading volume ratio of 0.18 reflects relatively weak liquidity. This calls for caution; don’t rely on the price movement alone as a definitive indicator.
The likely scenario is a move toward higher levels, while waiting for confirmation from trading volume before increasing exposure.
Follow us for more ongoing analysis.
$INIT
This content is not investment advice. Do your own research (DYOR).
