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# VFY
26.12K
GennyCruz
Okay,$VFY is looking messy right now. We had that sharp drop early, finding a temporary floor around 0.05628.
But look at the attempted bounce up to 0.07043. It got instantly rejected with that huge red candle right after. That's a classic bearish engulfing move and it's dumping all the volume from the bulls.
Now we're just chopping around 0.06179. It's not holding support well. Every small green candle is getting sold into.
The real danger zone is that low at 0.05628. If that gives way, we are definitely headed lower, looking for the next psychological support level.
For a meaningful
But look at the attempted bounce up to 0.07043. It got instantly rejected with that huge red candle right after. That's a classic bearish engulfing move and it's dumping all the volume from the bulls.
Now we're just chopping around 0.06179. It's not holding support well. Every small green candle is getting sold into.
The real danger zone is that low at 0.05628. If that gives way, we are definitely headed lower, looking for the next psychological support level.
For a meaningful
VFY-4.97%
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GateUser-d0bb32c7:
OVL I ment :- Reward
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GateUser-e7d1d5fb:
Sigh, I got trapped at 0.1511. I don't know whether to cut loss or wait a bit longer.:View More
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