BOSS Wallet data source, ConstitutionDAO latest price news, PEOPLE real-time price increased by 3.02% to $0.0464, trading volume $7488.9 million

From the K-line chart analysis, there is currently an upward trend. Compared to 13:00, there is a slight increase, a slight decrease compared to 14:00, and a recovery compared to 06:00. When the price rises but trading volume decreases, it usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually caused by a lack of sell orders. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be wary of the risk of price retreating at high levels and monitor whether trading volume can keep up with the price increase, as well as whether there is new buying interest.
Upward trend, overbought, recent trading volume has decreased, price rising, trading volume decreasing: upward momentum is weakening. According to the Williams indicator, the current state is overbought. Recent trading volume has decreased, trading volume has decreased compared to the previous few hours, price rising, trading volume decreasing: upward momentum is weakening.

Upward momentum is weakening, overbought and diverging in volume and price, it is recommended that investors operate cautiously to avoid chasing high prices.

The above content is for reference only and does not constitute investment advice.