The trading volume for $ZEC suddenly looks different 📈
▸ The previous hourly candle’s trading value was 1.8 times the recent average hourly trading value
▸ Total trading value over the past 24 hours is approximately 194.83M USDT
▸ Change so far this hour: -1.37%
▸ Funding rate: +0.0035%
Volume is still within the normal range, so there’s no need to read too much into a single candlestick for now.
At levels like this, I prefer to assess things in stages rather than rush to a conclusion. I’ll wait for the next hourly candle to close before deciding.
If you’re following this move too, share how you set your stop-loss. That’s more worth discussing than your entry point.
(By the way, I use the momentum of $BTC as a reference for overall risk appetite.)
These are my personal observations and records of the market, not investment advice or an invitation to buy or sell. Please do your own research and manage your risk (DYOR).
▸ The previous hourly candle’s trading value was 1.8 times the recent average hourly trading value
▸ Total trading value over the past 24 hours is approximately 194.83M USDT
▸ Change so far this hour: -1.37%
▸ Funding rate: +0.0035%
Volume is still within the normal range, so there’s no need to read too much into a single candlestick for now.
At levels like this, I prefer to assess things in stages rather than rush to a conclusion. I’ll wait for the next hourly candle to close before deciding.
If you’re following this move too, share how you set your stop-loss. That’s more worth discussing than your entry point.
(By the way, I use the momentum of $BTC as a reference for overall risk appetite.)
These are my personal observations and records of the market, not investment advice or an invitation to buy or sell. Please do your own research and manage your risk (DYOR).