Can volume persistence override a fading hourly close?
$ONDO trades at $0.4084, up 4.83% over 24 hours on $11.55M volume.
Hourly volume sits at 1.22x the 23-hour average despite a 1.09% dip on the last closed candle.
The 23-hour range spans from $0.3762 to $0.4204. A sustained push back above the $0.4204 high signals continuation, while a breakdown below the $0.3762 low invalidates the bullish structure.
Will reclaiming the $0.4204 high confirm momentum, or does losing $0.3762 invalidate the move?
Tap $ONDO for the live chart. #ONDO #BinanceSquare
$ONDO trades at $0.4084, up 4.83% over 24 hours on $11.55M volume.
Hourly volume sits at 1.22x the 23-hour average despite a 1.09% dip on the last closed candle.
The 23-hour range spans from $0.3762 to $0.4204. A sustained push back above the $0.4204 high signals continuation, while a breakdown below the $0.3762 low invalidates the bullish structure.
Will reclaiming the $0.4204 high confirm momentum, or does losing $0.3762 invalidate the move?
Tap $ONDO for the live chart. #ONDO #BinanceSquare