Hey, what’s your opinion on this increase in volume ?????
🚨 HIGH VOLUME ALERT: PAXGUSDTM
🕒 Time: 06:39:25
💰 Current Price: $3331.4200
💹 Volume (15min): $11,110,285.70
📜 Recent History:
⏱️ 05:00: Vol $7,113,162.16, Price $3336.3800
⏱️ 05:15: Vol $13,655,905.46, Price $3335.5900
⏱️ 05:45: Vol $6,657,629.52, Price $3330.4800
⏱️ 06:15: Vol $899,475.30, Price $3331.3900
⏱️ 06:30: Vol $11,110,285.70, Price $3331.4200
📊 Reason: 🟢 Consistently high volume
📌 Strategic Interpretation
🔻 Current scenario favors a very short-term SHORT operation, provided there is confirmation of the loss of the EMA 200 with volume.
🔁 However, as the price is in stochastic oversold, there is a chance of pullback/reversal in the next candles — stay alert for reversal candles such as hammer or bullish engulfing.