$BNB price has already moved, so why hasn’t volume followed?
$BNB is now at 742.79 USDT, up +3.02% over 24 hours, and fluctuating between 720 and 748.65. 1-hour support is at 723.75, resistance is at 748.65, the 4-hour direction is bullish, and trading participation is only 0.11x. The price has already moved, but volume hasn’t followed, which makes me question whether this move can last.
My view: the direction is there for now, but low participation undermines the credibility of this move.
The price has risen from 720 to 742.79, but volume hasn’t expanded significantly. 748.65 is 1-hour resis