$SEI volume is 0.8x its weekly average. Here is why that matters more than price
Most traders see a green candle and think buyers are rushing in
Right now $SEI is up 2.5 percent at 0.06175 sitting near the middle of its daily range
Yet the 24 hour volume sits at 5.2M which is below normal
A price move with high volume means heavy participation
A move on low volume means nobody cares and the drift can reverse instantly
To check this ratio yourself divide today volume by the 7 day average on your chart in twenty seconds
Always demand heavy volume before trusting a breakout
What volume ratio makes you skip a trade
#SEI #TradingTips
Most traders see a green candle and think buyers are rushing in
Right now $SEI is up 2.5 percent at 0.06175 sitting near the middle of its daily range
Yet the 24 hour volume sits at 5.2M which is below normal
A price move with high volume means heavy participation
A move on low volume means nobody cares and the drift can reverse instantly
To check this ratio yourself divide today volume by the 7 day average on your chart in twenty seconds
Always demand heavy volume before trusting a breakout
What volume ratio makes you skip a trade
#SEI #TradingTips