$ONE rose over the week, but volume didn't follow price
Growth of 68.12% over the week is holding on thin volume, while price has already pulled back to the lower part of the local range. 15-minute volume is 0.8 of average, while funding is −0.1462%: there is a short bias, but no confirmation from buyers.
Monitoring range · 5 h
Above 0.001956: A close above the upper bound of the range would strengthen the case that the weekly rise is continuing.
Below 0.001714: A move back below the lower bound of the range would weaken the case for the weekly rise continuing.
Historical levels; a single wick does not confirm the scenario.
↩️ Recap of the previous issue, “News and Numbers” (10.11 09:17 UTC): ONE 0.001800 → 0.001815 USDT (+0.83% in 12 h), funding −0.373% → −0.090%.
What would need to change in volume for the weekly rise to stop looking stretched?
Binance data, snapshot at 04:07 UTC. The author may receive a reward through Binance Square Write to Earn.
Growth of 68.12% over the week is holding on thin volume, while price has already pulled back to the lower part of the local range. 15-minute volume is 0.8 of average, while funding is −0.1462%: there is a short bias, but no confirmation from buyers.
Monitoring range · 5 h
Above 0.001956: A close above the upper bound of the range would strengthen the case that the weekly rise is continuing.
Below 0.001714: A move back below the lower bound of the range would weaken the case for the weekly rise continuing.
Historical levels; a single wick does not confirm the scenario.
↩️ Recap of the previous issue, “News and Numbers” (10.11 09:17 UTC): ONE 0.001800 → 0.001815 USDT (+0.83% in 12 h), funding −0.373% → −0.090%.
What would need to change in volume for the weekly rise to stop looking stretched?
Binance data, snapshot at 04:07 UTC. The author may receive a reward through Binance Square Write to Earn.
