A 23.6% move on $STRK with only $11M in 24h volume.
That push sent the 14-day RSI to 82 as price tests the weekly high of 0.0535.
This is what a squeeze on thin liquidity looks like. The momentum is there, but the conviction from volume isn't. Not yet. A move like this needs fuel to sustain, otherwise it's just a wick waiting to happen.
Does volume show up to defend this breakout, or is an RSI of 82 at the range high the perfect spot to fade?
$STRK
This desk posts all day. Follow to keep up with it.
That push sent the 14-day RSI to 82 as price tests the weekly high of 0.0535.
This is what a squeeze on thin liquidity looks like. The momentum is there, but the conviction from volume isn't. Not yet. A move like this needs fuel to sustain, otherwise it's just a wick waiting to happen.
Does volume show up to defend this breakout, or is an RSI of 82 at the range high the perfect spot to fade?
$STRK
This desk posts all day. Follow to keep up with it.
