after that doji formed yesterday it's picked up momentum . however the volume is ultra high meaning there is a lot of supply still present which needs to be removed either by discouraging current holders to sell by gapping up ( well unlikely to happen in this case) or simply asorbed by the buyers. todays strong close suggest tommorow might get higher too but enormous amount of selling/profit taking will likely close it flat .
there are 33 million buyers sitting at 0.001 and similar amount on 0.002 which make the buy side look falsely strong .
would be very careful if i was considering a entry tommorow. MFI =74 ( getting towards the overbought region) RSI=39.4
