Volume spiked 2.53x above average while $U held flat at $1.0003.
Hourly turnover surged without a directional price move, showing high interest balanced equally between buyers and sellers near the 1.0002 to 1.001 range.
A measured bullish scenario involves a sustained hourly close clearing 1.001 backed by persistent volume. Conversely, a drop below 1.0002 on fading turnover invalidates this setup, signaling exhausted demand.
Will a break above 1.001 attract follow-through buyers, or does the lack of price change despite heavy volume point to a reversal?
Tap $U for the live chart. #U #BinanceSquare
Hourly turnover surged without a directional price move, showing high interest balanced equally between buyers and sellers near the 1.0002 to 1.001 range.
A measured bullish scenario involves a sustained hourly close clearing 1.001 backed by persistent volume. Conversely, a drop below 1.0002 on fading turnover invalidates this setup, signaling exhausted demand.
Will a break above 1.001 attract follow-through buyers, or does the lack of price change despite heavy volume point to a reversal?
Tap $U for the live chart. #U #BinanceSquare