That 30.5% pump in AUDIO wicked straight to the 7-day high at 0.0215 and then came right back down.
Volume is only $11M for a move that size. Price is holding above the EMA20 (0.0171) for now, which is the textbook definition of a bullish retest.
But a clean rejection at the range high on thin volume feels suspect. The tape is telling two different stories.
Is this a dip to buy before continuation, or was that wick the exit liquidity?
$AUDIO
New reads post through the day. Follow so you don't miss the next one.
Volume is only $11M for a move that size. Price is holding above the EMA20 (0.0171) for now, which is the textbook definition of a bullish retest.
But a clean rejection at the range high on thin volume feels suspect. The tape is telling two different stories.
Is this a dip to buy before continuation, or was that wick the exit liquidity?
$AUDIO
New reads post through the day. Follow so you don't miss the next one.
