$FOREST
FOREST
Alpha
0.1399
-20.84%
IjJust printed an explosive move
A rapid surge from 0.016 to 0.079 shows extreme momentum and heavy volume-driven expansion, the kind of move that usually happens during aggressive speculation phases
At this stage, price is in a highly stretched condition after such vertical candles, markets often either:
• Cool off with consolidation
• Or retrace sharply as profit-taking kicks in
The key now is no longer chasing the move, but watching how price behaves after the spike whether it builds a base or fades under pressure
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