Measurable Data Token ( $MDT ) after Binance delist news I see very crazy volatility.
Price first go very fast down and hit 0.00477, I was think market totally crash now. But after that suddenly strong bounce come and price again go near 0.01011.
For me this look like liquidity grab or panic shakeout, weak people exit and then market reverse.
What I see in chart:
Big sell off first, then strong recovery candle
Volume suddenly go high, means heavy activity in market
Price still under moving average pressure
Market now in very high volatility zone
My opinion is this type move happen when news create panic selling, then smart money come slowly and start accumulation.
Still I think big move not finish yet, direction can change any time so risk management is very important.
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