$COMMON Price popped hard — quick note: saw a big spike to ~0.011 before a fast pullback to ~0.0059.
Short take: this looks like an exhaustion spike — short-term consolidation likely between 0.0045–0.0070 as traders digest the move. If momentum returns and volume stays high, a re-test of the spike area (~0.009–0.012) is possible in the next 1–3 weeks. If not, price may drift back toward the prior range. Models I ran: SMA/EMA behavior, a short linear trend, exponential smoothing, and a simple momentum continuation — they give different short-term scenarios, so watch volume and VWAP-like support. Not financial advice — just my view. Trade carefully.
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$COMMON Price popped hard — quick note: saw a big spike to ~0.011 before a fast pullback to ~0.0059.
Short take: this looks like an exhaustion spike — short-term consolidation likely between 0.0045–0.0070 as traders digest the move.
If momentum returns and volume stays high, a re-test of the spike area (~0.009–0.012) is possible in the next 1–3 weeks. If not, price may drift back toward the prior range.
Models I ran: SMA/EMA behavior, a short linear trend, exponential smoothing, and a simple momentum continuation — they give different short-term scenarios, so watch volume and VWAP-like support.
Not financial advice — just my view. Trade carefully.