$GENIUS printed +34.6% on $15M of volume, touching a high of 0.455 before pulling back.
It's now trying to hold 0.402. While price is well above the EMAs, the RSI at 69 suggests the move is getting warm. The desk's read is that sellers will defend the highs. Either we break 0.455 with conviction soon, or this entire candle gets faded back into the prior range.
The desk says this rally fails at 0.455. Who's fading us?
$GENIUS
More of these coming today. Follow to catch them as they land.
It's now trying to hold 0.402. While price is well above the EMAs, the RSI at 69 suggests the move is getting warm. The desk's read is that sellers will defend the highs. Either we break 0.455 with conviction soon, or this entire candle gets faded back into the prior range.
The desk says this rally fails at 0.455. Who's fading us?
$GENIUS
More of these coming today. Follow to catch them as they land.
