$BNB has stayed in a tight band over the last 24 hours, between 680.63 and 692.64, and is down about 0.1% on the day. The seven-day range is much wider, 673.31 to 723.42, so this calm is recent.
The detail I'd check next is volume. In the last 12 completed hourly candles, through 14:00 UTC on 10 November, about 40 million in quote value traded, against roughly 34 million in the 12 hours before. Price stayed flat while activity picked up.
Do you read volume rising inside a flat range as accumulation, or as the build-up to a break?
The detail I'd check next is volume. In the last 12 completed hourly candles, through 14:00 UTC on 10 November, about 40 million in quote value traded, against roughly 34 million in the 12 hours before. Price stayed flat while activity picked up.
Do you read volume rising inside a flat range as accumulation, or as the build-up to a break?