$PEPE volume is 0.7x its weekly average and most traders are reading the chart wrong
Price is down 3.2 percent today at $0.00000392 but the low volume tells the real story
When a drop happens on below average volume it means sellers lack real conviction
A heavy drop on high volume shows panic but this move is just quiet drift
You check this ratio yourself by dividing today turnover of $51.6M by the seven day average
If that number sits below one like it does right now the market is half asleep
Never trust a continuation move when the volume meter fails to confirm the trend
What is your favorite volume indicator to spot fake breakouts
Do not take my word for it, tap $PEPE and look at the candles
#PEPE #TradingTips
Price is down 3.2 percent today at $0.00000392 but the low volume tells the real story
When a drop happens on below average volume it means sellers lack real conviction
A heavy drop on high volume shows panic but this move is just quiet drift
You check this ratio yourself by dividing today turnover of $51.6M by the seven day average
If that number sits below one like it does right now the market is half asleep
Never trust a continuation move when the volume meter fails to confirm the trend
What is your favorite volume indicator to spot fake breakouts
Do not take my word for it, tap $PEPE and look at the candles
#PEPE #TradingTips