$TAO volume is 0.7x its weekly average. Most traders ignore this and chase price like it means something.
Volume tells you if the move has legs.
This $294.60 price is at 82% of the 24h range.
But only 0.7x the weekly average volume is fueling it.
That’s not conviction. That’s noise.
Check it yourself:
Go to Binance.
Look at 24h volume.
Divide it by the 7d average.
If it’s under 0.8x, assume the move is weak.
Wait for volume to confirm the direction.
Don't take my word for it. Tap $TAO and look at the candles.
What’s your rule for spotting real volume?
Binance data as of 24 Sep 19:20 UTC.
#TAO #TradingTips
Volume tells you if the move has legs.
This $294.60 price is at 82% of the 24h range.
But only 0.7x the weekly average volume is fueling it.
That’s not conviction. That’s noise.
Check it yourself:
Go to Binance.
Look at 24h volume.
Divide it by the 7d average.
If it’s under 0.8x, assume the move is weak.
Wait for volume to confirm the direction.
Don't take my word for it. Tap $TAO and look at the candles.
What’s your rule for spotting real volume?
Binance data as of 24 Sep 19:20 UTC.
#TAO #TradingTips