đ Why does a surge in volume matter more than price moves?
Take $ENA right now: itâs down 9.8% over 24âŻh, trading around $0.2472, while its 24âhour volume sits at a hefty $66âŻM. The price dip alone might signal weakness, but the massive volume tells a different story. High volume acts as a âconfirmation filterâ: it shows that many traders are actively buying or selling, giving weight to the price action. If the drop were thinâtraded, it could be a false scare, but $ENA âs $66âŻM flow means the market consensus is genuinely shiftingâeither a panic sellâoff or a potential buying opportunity for those who trust volume as a safety net.
When you see volume spiking alongside a price move, consider it a green light to validate the direction before jumping in. Conversely, lowâvolume moves often lack conviction and can reverse quickly.
đĄ How do you currently use volume to filter your entry points? Share your approach below! $ENA
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
Take $ENA right now: itâs down 9.8% over 24âŻh, trading around $0.2472, while its 24âhour volume sits at a hefty $66âŻM. The price dip alone might signal weakness, but the massive volume tells a different story. High volume acts as a âconfirmation filterâ: it shows that many traders are actively buying or selling, giving weight to the price action. If the drop were thinâtraded, it could be a false scare, but $ENA âs $66âŻM flow means the market consensus is genuinely shiftingâeither a panic sellâoff or a potential buying opportunity for those who trust volume as a safety net.
When you see volume spiking alongside a price move, consider it a green light to validate the direction before jumping in. Conversely, lowâvolume moves often lack conviction and can reverse quickly.
đĄ How do you currently use volume to filter your entry points? Share your approach below! $ENA
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.