$S is down 8.94% today to 0.05623, which isn't much. What's counterintuitive is that trading volume over the past hour has nearly dried up—just a fraction of the 24-hour average per hour—yet the price is still holding above 0.056.
The 24-hour range is 0.05231 to 0.07393. It's plunged 24 points from the high, so you'd expect panic selling, but now people can't even be bothered to place sell orders. This isn't stabilization; nobody's playing anymore.
#S #BinanceSquare #Crypto
The 24-hour range is 0.05231 to 0.07393. It's plunged 24 points from the high, so you'd expect panic selling, but now people can't even be bothered to place sell orders. This isn't stabilization; nobody's playing anymore.
#S #BinanceSquare #Crypto