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High Volatility and Sudden Surge in POKTUSDT on Bybit

The POKTUSDT trading pair on Bybit is experiencing unusual activity with a trading volume of 72.6k USDT. The price has decreased by 2.93%, currently trading at 0.0437 USDT. Buy orders constitute 5%, while sell orders make up 95%, indicating a dominant selling pressure. Despite this, there has been a remarkable daily change of +252.42%.
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AI Analysis

The recent data on POKTUSDT reveals a highly volatile market scenario. The trading volume reaching 72.6k USDT signals increased market attention, although the 2.93% drop in price suggests selling pres...

AI Recommendation

Given the current high volatility and dominant selling trend, it is prudent to exercise caution. Traders might consider holding off on entering long positions while monitoring for signs of stabilizati...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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