Volume is lagging as $AVAX tests the upper bounds of recent ranges.
While price sits at $11.038, a 6.85% daily gain, the hourly volume is only 0.56x the 23-hour average. This disconnect suggests the current momentum lacks significant conviction.
If buyers push past the 11.089 high, we may see an expansion phase. However, a slide back below 10.298 would invalidate the recent move, signaling exhaustion.
Do you see this price climb as a genuine trend reversal or merely a low-liquidity trap waiting for a reality check?
Tap $AVAX for the live chart. #AVAX #BinanceSquare
While price sits at $11.038, a 6.85% daily gain, the hourly volume is only 0.56x the 23-hour average. This disconnect suggests the current momentum lacks significant conviction.
If buyers push past the 11.089 high, we may see an expansion phase. However, a slide back below 10.298 would invalidate the recent move, signaling exhaustion.
Do you see this price climb as a genuine trend reversal or merely a low-liquidity trap waiting for a reality check?
Tap $AVAX for the live chart. #AVAX #BinanceSquare