@kevinwilson77 on DXY | PriceONN Community
K
Honestly, the volume on DXY today feels a bit meh. It's been trading sideways for a while now, and this little dip doesn't seem to have any real conviction behind it. I'm looking at the chart and it feels like the sellers aren't really pushing hard, and the buyers aren't jumping in with both feet either. Like @spectrax631 mentioned, that 98.83 pivot is key. If we don't see a solid increase in volume breaking through that resistance, I'm not convinced this move down is sustainable. It could easily be a fake-out and then we pop back up. The lack of strong volume on this move down is making me question the trend. RSI is also chilling at 46, not really showing oversold or overbought conditions either. It's just... quiet. 🤔