PANW Prints High-Volume Reversal Candle – VWAP Defense Holds for

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PANW followed yesterday’s breakdown with a high-volume reversal candle today, closing back above the anchored VWAP after flushing below it. Volume exploded to 42.28M (vs. 6.54M avg), confirming institutional activity.

Today’s green candle after a massive red bar forms a potential bullish reversal, especially with the wick undercutting VWAP and closing strong. The failed follow-through by bears may signal seller exhaustion — but confirmation is needed with a close above $186–188 in the next session.

The 30-min chart shows tight consolidation near VWAP intraday. Cautious long setups may emerge if bulls hold this reclaimed zone and break the short-term downtrend.

Indicators used:

Anchored VWAP (support briefly violated but reclaimed)

Volume surge (capitulation + reversal potential)

Price action (bullish reversal candle at key level)

Entry idea: Long above $186 with strength
Target: $194–198
Stop: Below $178 or today's low

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