Volume is lagging behind the price push on $ETH right now.
At $2,333.57, the asset is up 2.85% over 24 hours on $459.01M in volume, but hourly turnover sits at 0.92x of the recent average.
For a sustainable continuation toward the recent $2,329 range high, look for volume to scale past average levels alongside price acceptance.
Conversely, a slide below the $2,226.44 range low would invalidate this upward momentum structure.
Are you waiting for volume confirmation above the high, or protecting against a drop back to the low?
Tap $ETH for the live chart. #ETH #BinanceSquare
At $2,333.57, the asset is up 2.85% over 24 hours on $459.01M in volume, but hourly turnover sits at 0.92x of the recent average.
For a sustainable continuation toward the recent $2,329 range high, look for volume to scale past average levels alongside price acceptance.
Conversely, a slide below the $2,226.44 range low would invalidate this upward momentum structure.
Are you waiting for volume confirmation above the high, or protecting against a drop back to the low?
Tap $ETH for the live chart. #ETH #BinanceSquare