Why is a $22.14M volume profile on $RLUSD telling a cautious story?
Hourly volume sits at just 0.06x of the 23-hour average near $1.0011.
Participation has flattened completely after trading within a tight 1.0011 to 1.0013 range.
Low liquidity increases vulnerability to sudden spreads if momentum shifts unexpectedly.
If volume returns and clears the 1.0013 high, does that confirm a bullish breakout, or does falling below 1.0011 invalidate the setup and invite deeper range drift?
Tap $RLUSD for the live chart. #RLUSD #BinanceSquare
Hourly volume sits at just 0.06x of the 23-hour average near $1.0011.
Participation has flattened completely after trading within a tight 1.0011 to 1.0013 range.
Low liquidity increases vulnerability to sudden spreads if momentum shifts unexpectedly.
If volume returns and clears the 1.0013 high, does that confirm a bullish breakout, or does falling below 1.0011 invalidate the setup and invite deeper range drift?
Tap $RLUSD for the live chart. #RLUSD #BinanceSquare