Volume is failing to keep pace with $STRK price spikes today.
While the asset is up 54.11% at $0.10851, the most recent hourly volume sits at just 0.85x of the 23-hour average. This suggests a lack of aggressive buyer conviction at current levels.
If the price climbs back toward the recent high of 0.12389 on rising volume, bullish momentum may resume. Conversely, a drop below the 0.06901 range low would invalidate the recent move.
Does this volume divergence signal an exhaustion peak or merely a temporary consolidation before further gains?
Tap $STRK for the live chart. #STRK #BinanceSquare
While the asset is up 54.11% at $0.10851, the most recent hourly volume sits at just 0.85x of the 23-hour average. This suggests a lack of aggressive buyer conviction at current levels.
If the price climbs back toward the recent high of 0.12389 on rising volume, bullish momentum may resume. Conversely, a drop below the 0.06901 range low would invalidate the recent move.
Does this volume divergence signal an exhaustion peak or merely a temporary consolidation before further gains?
Tap $STRK for the live chart. #STRK #BinanceSquare