The biggest one-day gainers often haven’t yet reached a point where you can draw conclusions. Over the past 24 hours, among USDT trading pairs on Binance Spot with trading volume of at least $10 million, $STRK led the way with a gain of +38.8%, at a current price of 0.10169, up approximately +38.77% over 24 hours; $LUMIA gained +26.9%. The percentages on the leaderboard rank relative momentum only; they don’t tell you whether prices are near the top, middle, or bottom of their ranges.
Break the analysis into three parts: after the move, are there previous highs or lows to compare against; is volume driving the price, or is the price pulling away on its own; and if the price falls back into the consolidation zone before the rise and remains there on heavy volume, treat the rally as not yet validated. $CHIP is also on the list with a +32.3% gain; likewise, don’t mistake the percentage increase for a confirmed key level.
#技术观察 #BinanceSpot
Break the analysis into three parts: after the move, are there previous highs or lows to compare against; is volume driving the price, or is the price pulling away on its own; and if the price falls back into the consolidation zone before the rise and remains there on heavy volume, treat the rally as not yet validated. $CHIP is also on the list with a +32.3% gain; likewise, don’t mistake the percentage increase for a confirmed key level.
#技术观察 #BinanceSpot