$SNDKB : Volume is three times higher, but the rebound is holding at resistance
The 15-minute volume spike does not erase the seven-day decline—it looks more like a test of a local boundary than a reversal. The price is in the upper part of the five-hour range, but it is still down 13.68% over the day; volume confirms activity, not direction.
Observation range · 5 h
Above 892.81: Holding above the upper boundary of the range would strengthen the case that the volume spike was accumulation rather than noise.
Below 840.97: A move back below the lower boundary would show that the volume spike merely accompanied the continuation of the weekly decline.
These are historical levels; a single wick does not confirm the scenario.
Will the price stay above the midpoint of the local range if volume returns to average levels?
Binance data, snapshot at 10:00 UTC. The author may receive a reward through Binance Square Write to Earn.
The 15-minute volume spike does not erase the seven-day decline—it looks more like a test of a local boundary than a reversal. The price is in the upper part of the five-hour range, but it is still down 13.68% over the day; volume confirms activity, not direction.
Observation range · 5 h
Above 892.81: Holding above the upper boundary of the range would strengthen the case that the volume spike was accumulation rather than noise.
Below 840.97: A move back below the lower boundary would show that the volume spike merely accompanied the continuation of the weekly decline.
These are historical levels; a single wick does not confirm the scenario.
Will the price stay above the midpoint of the local range if volume returns to average levels?
Binance data, snapshot at 10:00 UTC. The author may receive a reward through Binance Square Write to Earn.
