๐ด $SOXLB ยท 1H
Price is $104.51 and $SOXLB remains below the averages that capped it earlier. Buyers have been showing up around $103.22, which is where price is sitting now. It is sitting in the bottom third of the range. Support is the near one at 1.2% below; the range high is far above. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. RSI has dropped to 29, the kind of reading that usually comes with a bounce attempt. The 24 hour range runs $103.22 to $129.13, and price is near the bottom of it. Volume over the past day is running about 2.7x the recent average, so there is real participation behind this. Down 16.8% over 24 hours.
โ ๏ธ DYOR
$SOXLB #Crypto
Price is $104.51 and $SOXLB remains below the averages that capped it earlier. Buyers have been showing up around $103.22, which is where price is sitting now. It is sitting in the bottom third of the range. Support is the near one at 1.2% below; the range high is far above. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. RSI has dropped to 29, the kind of reading that usually comes with a bounce attempt. The 24 hour range runs $103.22 to $129.13, and price is near the bottom of it. Volume over the past day is running about 2.7x the recent average, so there is real participation behind this. Down 16.8% over 24 hours.
โ ๏ธ DYOR
$SOXLB #Crypto