Heavy volume on a drop often signals forced exits rather than genuine distribution.
$SNDKB trades at $1132.19, down 15.23% over 24 hours with $81.32M in quote volume, while hourly turnover sits at 0.52x the preceding average.
Watch for a structural reclaim above the 1383.65 high to hint at buyer absorption. Conversely, failure to hold above the 1123.68 low warns of continued selling pressure.
Would a sustained hourly close above the recent high validate a bullish reversal, or does dipping below the low invalidate the setup entirely?
Tap $SNDKB for the live chart. #SNDKB #BinanceSquare
$SNDKB trades at $1132.19, down 15.23% over 24 hours with $81.32M in quote volume, while hourly turnover sits at 0.52x the preceding average.
Watch for a structural reclaim above the 1383.65 high to hint at buyer absorption. Conversely, failure to hold above the 1123.68 low warns of continued selling pressure.
Would a sustained hourly close above the recent high validate a bullish reversal, or does dipping below the low invalidate the setup entirely?
Tap $SNDKB for the live chart. #SNDKB #BinanceSquare