$CRV volume is 0.6x its weekly average. Here is why that matters more than price
Most traders see $CRV up 5.5 percent today and assume buyers are stepping in hard
They look at the price sitting near the top of the daily range at $0.27810 and think the breakout is real
Then they miss the actual story hiding in the volume profile
The 24 hour volume sits at 1.9M dollars which is only 0.6x the seven day average
That math tells me participation is actually drying up while price drifts higher
A real expansion needs heavy volume backing it up or the move usually fades right back down
When price rises on low volume it simply means sellers are absent rather than buyers being aggressive
Checking that ratio takes twenty seconds on any chart by comparing the current bar to the simple moving average of volume
Always check if the volume confirms the price move before you risk any capital
What volume filter do you use on your charts
#CRV #TradingTips
Most traders see $CRV up 5.5 percent today and assume buyers are stepping in hard
They look at the price sitting near the top of the daily range at $0.27810 and think the breakout is real
Then they miss the actual story hiding in the volume profile
The 24 hour volume sits at 1.9M dollars which is only 0.6x the seven day average
That math tells me participation is actually drying up while price drifts higher
A real expansion needs heavy volume backing it up or the move usually fades right back down
When price rises on low volume it simply means sellers are absent rather than buyers being aggressive
Checking that ratio takes twenty seconds on any chart by comparing the current bar to the simple moving average of volume
Always check if the volume confirms the price move before you risk any capital
What volume filter do you use on your charts
#CRV #TradingTips