Volume is drying up while $AVAX sits quietly near $8.33.
The 24-hour volume of $35.54M reflects low participation, and the latest hourly volume is running at just 0.44x of the 23-hour average despite a 0.31% uptick.
A bullish scenario requires a sustained push back toward the 8.747 high with expanding participation. Conversely, a drop under the 8.068 low would invalidate near-term stabilization.
Will rising volume confirm a breakout above 8.747, or will a drop below 8.068 invalidate the range?
Tap $AVAX for the live chart. #AVAX #BinanceSquare
The 24-hour volume of $35.54M reflects low participation, and the latest hourly volume is running at just 0.44x of the 23-hour average despite a 0.31% uptick.
A bullish scenario requires a sustained push back toward the 8.747 high with expanding participation. Conversely, a drop under the 8.068 low would invalidate near-term stabilization.
Will rising volume confirm a breakout above 8.747, or will a drop below 8.068 invalidate the range?
Tap $AVAX for the live chart. #AVAX #BinanceSquare