$TRX - Relative strength in alts while BTC consolidates often fades fast.
Volume under 50M USDT on a 1.8% pop usually means thin order books, not conviction. Wait for a retest of VWAP before assuming trend continuation.
Live example: $TRX +1.8% on 31.8M USDT volume.
Tape now: $BTC 77,974 USDT (-0.1%) · $ETH 2,287 USDT (+0.7%)
#TradingTips #RiskManagement
Volume under 50M USDT on a 1.8% pop usually means thin order books, not conviction. Wait for a retest of VWAP before assuming trend continuation.
Live example: $TRX +1.8% on 31.8M USDT volume.
Tape now: $BTC 77,974 USDT (-0.1%) · $ETH 2,287 USDT (+0.7%)
#TradingTips #RiskManagement