STAR drop widens, but now we only look at one conflict: after sell pressure is released, is there an effective repair?
Binance U-margined Perpetuals｜STAR past 24 hours -21.23%, weakness remains—first, we check whether sell pressure is converging. Current price is around 0.10945, and 24h trading volume is about 11.8824 million.
30m MACD histogram at -0.0020 indicates short-term bearish momentum is dominant.
We only watch two levels: whether the buy/sell initiative ratio of 0.94 can return above 1 again; and whether the MACD histogram of -0.002 keeps expanding or first starts to contract.
#STAR #alert
Binance U-margined Perpetuals｜STAR past 24 hours -21.23%, weakness remains—first, we check whether sell pressure is converging. Current price is around 0.10945, and 24h trading volume is about 11.8824 million.
30m MACD histogram at -0.0020 indicates short-term bearish momentum is dominant.
We only watch two levels: whether the buy/sell initiative ratio of 0.94 can return above 1 again; and whether the MACD histogram of -0.002 keeps expanding or first starts to contract.
#STAR #alert