$INJ 8.445, down 3.43% over 24h and now just 7 cents above the low of 8.378. It fell 1.24% in the last hour, yet trading volume was only 0.2 times the hourly average for the day—this drop came on low volume.
I can't make sense of this. Either nobody is willing to sell at this price, or the buyers have already disappeared. Those two explanations point in completely opposite directions. The 4h change is still -1.06%, with no recovery.
Daily trading volume of 14M isn't enough to support any meaningful trend. Whether there’s volume when it breaks below the low of 8.378 will tell me which side to believe.
#INJ #BinanceSquare #Crypto
I can't make sense of this. Either nobody is willing to sell at this price, or the buyers have already disappeared. Those two explanations point in completely opposite directions. The 4h change is still -1.06%, with no recovery.
Daily trading volume of 14M isn't enough to support any meaningful trend. Whether there’s volume when it breaks below the low of 8.378 will tell me which side to believe.
#INJ #BinanceSquare #Crypto