The resilience of BCH and PENGU:
$BCH ($341.0, +5.31%): Continues to show notable strength by defending the $340 range with more than 19.2M in volume.
$PENGU ($0.0009593, +4.37%): Shows buy-side interest on a smaller market cap by accumulating 9.6M traded.
2️⃣ 📉 Pullbacks and healthy dips in altcoins:
$DOGE ($0.09283, -7.29%) and $TAO ($291.4, -6.99%): After reaching high zones, they give up ground while trying to test prior support levels.
$LINK ($12.194, -6.56%) and $ADA ($0.2379, -5.67%): Enter technical adjustment phases, losing the resistances they had just broken through.
3️⃣ 🛡️ $BNB absorbs the most liquidity ($762.20, -3.33%): Leads the list with 22.3M of USDC in volume, trading within a reaccumulation range above $760.
Corrections are not enemies of the trader; on the contrary, when selling volume declines during pullbacks, these moves help identify where the buy order blocks are positioned in order to assess new confirmations.
$BCH ($341.0, +5.31%): Continues to show notable strength by defending the $340 range with more than 19.2M in volume.
$PENGU ($0.0009593, +4.37%): Shows buy-side interest on a smaller market cap by accumulating 9.6M traded.
2️⃣ 📉 Pullbacks and healthy dips in altcoins:
$DOGE ($0.09283, -7.29%) and $TAO ($291.4, -6.99%): After reaching high zones, they give up ground while trying to test prior support levels.
$LINK ($12.194, -6.56%) and $ADA ($0.2379, -5.67%): Enter technical adjustment phases, losing the resistances they had just broken through.
3️⃣ 🛡️ $BNB absorbs the most liquidity ($762.20, -3.33%): Leads the list with 22.3M of USDC in volume, trading within a reaccumulation range above $760.
Corrections are not enemies of the trader; on the contrary, when selling volume declines during pullbacks, these moves help identify where the buy order blocks are positioned in order to assess new confirmations.
