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.
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.
