$COMP surged 19.12% to $25.61 on $12.79M volume within a 21 to 29.3 range.
Momentum favors bulls while price holds above recent lows, but the latest hourly cooling down to 0.35x average volume warns of exhaustion.
A push back toward the 29.3 high needs expanding volume to confirm continuation, whereas a slip under 21 risks invalidating the recent rally.
Will rising volume return to test the 29.3 high first, or will fading momentum break the 21 floor?
Tap $COMP for the live chart. #COMP #BinanceSquare
Momentum favors bulls while price holds above recent lows, but the latest hourly cooling down to 0.35x average volume warns of exhaustion.
A push back toward the 29.3 high needs expanding volume to confirm continuation, whereas a slip under 21 risks invalidating the recent rally.
Will rising volume return to test the 29.3 high first, or will fading momentum break the 21 floor?
Tap $COMP for the live chart. #COMP #BinanceSquare