$PYTH volume is 0.6x its weekly average. Here is why that ratio tells you the truth about a move
Most traders look at price and ignore the fuel tank
Right now $PYTH sits at 0.07905 dollars which is right in the middle of its daily range
The 24 hour volume is only 0.6x the seven day average meaning nobody is really showing up to trade
When price drifts up on low volume it usually means buyers are exhausted and patience is thin
You can check this ratio yourself in twenty seconds by comparing the daily volume bar to the moving average line on your screen
A breakout without volume is just noise waiting to fade
What volume filter do you use before opening a chart
#PYTH #TradingTips
Most traders look at price and ignore the fuel tank
Right now $PYTH sits at 0.07905 dollars which is right in the middle of its daily range
The 24 hour volume is only 0.6x the seven day average meaning nobody is really showing up to trade
When price drifts up on low volume it usually means buyers are exhausted and patience is thin
You can check this ratio yourself in twenty seconds by comparing the daily volume bar to the moving average line on your screen
A breakout without volume is just noise waiting to fade
What volume filter do you use before opening a chart
#PYTH #TradingTips