An exchange will launch spot trading for Sanctum (SANC)
Price action around listing announcements often follows three stages:
① Announcement: Attention surges and candlesticks often move ahead of the news;
② Around the opening: Opinions diverge the most, and a spike followed by a pullback is common;
③ After the opening: The focus returns to fundamentals, and trading volume determines whether the move can hold.
$BTC is currently at 70549.23, down 4.51% over 24 hours, and is still in stage ①.
The initial post-listing high often becomes an important short-term resistance level.
Price action around listing announcements often follows three stages:
① Announcement: Attention surges and candlesticks often move ahead of the news;
② Around the opening: Opinions diverge the most, and a spike followed by a pullback is common;
③ After the opening: The focus returns to fundamentals, and trading volume determines whether the move can hold.
$BTC is currently at 70549.23, down 4.51% over 24 hours, and is still in stage ①.
The initial post-listing high often becomes an important short-term resistance level.
