Follow-up on $STRK . This morning I wrote that it led the gainers on thin volume, and that I wanted to see volume grow with price holding above 0.05.
Eight hours later, both happened. STRK is at 0.05602, up 27.2% in 24 hours. In my earlier post it was 0.05349 on about 20.8M USDT. Now the 24h volume is about 27.4M. Price is higher and more money is behind it.
It is still the top gainer by a wide margin. Second place, $PUMP , is up 9.9%.
The rest of the market is quiet. BTC is up 0.5% at 85,212, and the weak side now has some real red: ZRO is down 5.6% and WLD down 4.7%. Fear & Greed is 65 (Greed), down from 67.
What this means: the move I called thin has started to fill in. That makes it more credible, not safe. A 27% day is still a big move to chase.
What I am watching next: whether STRK holds above 0.05349, the level from this morning. Losing it would undo the follow-through.
#Starknet #FollowUp
Eight hours later, both happened. STRK is at 0.05602, up 27.2% in 24 hours. In my earlier post it was 0.05349 on about 20.8M USDT. Now the 24h volume is about 27.4M. Price is higher and more money is behind it.
It is still the top gainer by a wide margin. Second place, $PUMP , is up 9.9%.
The rest of the market is quiet. BTC is up 0.5% at 85,212, and the weak side now has some real red: ZRO is down 5.6% and WLD down 4.7%. Fear & Greed is 65 (Greed), down from 67.
What this means: the move I called thin has started to fill in. That makes it more credible, not safe. A 27% day is still a big move to chase.
What I am watching next: whether STRK holds above 0.05349, the level from this morning. Losing it would undo the follow-through.
#Starknet #FollowUp
