I see a huge vertical movement on $MANTRA today, but are we facing a lunar mission or a massive liquidity takeover?
This 1-day chart is essentially a huge green candle. We are above 45%, sitting at 0.02428, and the volume is absolutely astonishing at 2.52 billion. Usually, when you see such a vertical line, the "gap" it leaves acts as a magnet for correction. Resistance is currently being tested near the local high at 0.02705. If it cannot break above that and hold, I wouldn't be surprised to see a quick rebound toward the 0.01900 level to fill some of that fair value gap. Buying here is high risk. I’m waiting to see if it settles at these peaks or if the air escapes from the balloon.
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GennyCruz
I see a massive vertical move on $MANTRA today, but are we looking at a moon mission or a giant liquidity grab? This 1D chart is basically just one huge green pillar. We’re up over 45% sitting at 0.02428 and the volume is absolutely insane at 2.52B. Usually, when you see a vertical line like this, the "gap" it leaves behind acts like a magnet for a correction. Resistance is currently being tested near the 0.02705 local high. If it can't clear that and hold, I wouldn't be surprised to see a fast retrace back toward the 0.01900 level to fill some of that fair value gap. Buying here is high risk. I'm waiting to see if it consolidates at these highs or if the air just comes out of the balloon.
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I see a huge vertical movement on $MANTRA today, but are we facing a lunar mission or a massive liquidity takeover?
This 1-day chart is essentially a huge green candle. We are above 45%, sitting at 0.02428, and the volume is absolutely astonishing at 2.52 billion. Usually, when you see such a vertical line, the "gap" it leaves acts as a magnet for correction.
Resistance is currently being tested near the local high at 0.02705. If it cannot break above that and hold, I wouldn't be surprised to see a quick rebound toward the 0.01900 level to fill some of that fair value gap.
Buying here is high risk. I’m waiting to see if it settles at these peaks or if the air escapes from the balloon.
This 1D chart is basically just one huge green pillar. We’re up over 45% sitting at 0.02428 and the volume is absolutely insane at 2.52B. Usually, when you see a vertical line like this, the "gap" it leaves behind acts like a magnet for a correction.
Resistance is currently being tested near the 0.02705 local high. If it can't clear that and hold, I wouldn't be surprised to see a fast retrace back toward the 0.01900 level to fill some of that fair value gap.
Buying here is high risk. I'm waiting to see if it consolidates at these highs or if the air just comes out of the balloon.