May. 11 at 4:20 PM
Picked up
$CRCL on the morning flush reclaim after it saw ~100% of average daily volume print in the first 20 minutes into support. That kind of early liquidity into a key level usually resolves one of two ways: continuation flush or violent reversal. This one shook out weak hands, reclaimed VWAP, and never looked back.
👉Click to view @NasdaqPulse for timely updates amid the volatility.
Now it’s pressing into a key area: IPO high AVWAP. This is where you often see true “change of character” in former hype IPOs that base, reset, and transition into Stage 2 expansion.
Same structure has shown up in names like
$TWLO,
$FUTU,
$ARM,
$PANW, CAVA, and ALAB (classic 2024 example with the ATH AVWAP reclaim and +200% expansion).
Now watching if
$CRCL confirms the same rotation or rejects the level.
