$ADA volume is 0.5x its weekly average and most traders misread that completely
Price is down 2.8 percent sitting at $0.18280 near the bottom of the day
When volume is half the average a price drop means sellers are exhausted rather than aggressive
Look at the daily chart to find the seven day average volume bar and compare it to today
If the current bar is half the height of that average the move lacks fuel
Check this ratio in twenty seconds by opening the volume indicator on your chart
Low volume moves usually fade out instead of breaking down further
Do not take my word for it, tap $ADA and look at the candles
What volume multiple makes you actually trust a breakdown
#ADA #TradingTips
Price is down 2.8 percent sitting at $0.18280 near the bottom of the day
When volume is half the average a price drop means sellers are exhausted rather than aggressive
Look at the daily chart to find the seven day average volume bar and compare it to today
If the current bar is half the height of that average the move lacks fuel
Check this ratio in twenty seconds by opening the volume indicator on your chart
Low volume moves usually fade out instead of breaking down further
Do not take my word for it, tap $ADA and look at the candles
What volume multiple makes you actually trust a breakdown
#ADA #TradingTips