$ARB volume is 0.9x its weekly average. Most think price up means strength this is why it’s lying.
Price jumped 13% but volume didn’t surge.
It’s at 89% of its 24h range almost at the top.
But volume is only 90% of the 7 day average.
That’s not confirmation. That’s exhaustion.
You don’t trust a move unless volume is above average.
Check it: go to Binance, click 24h volume, divide by 7d avg. Done in 20 seconds.
Never trust a price break without volume backing it.
Don't take my word for it. Tap $ARB and look at the candles.
What’s your rule for spotting fake moves?
Binance data as of 23 Sep 03:40 UTC.
#ARB #TradingTips
Price jumped 13% but volume didn’t surge.
It’s at 89% of its 24h range almost at the top.
But volume is only 90% of the 7 day average.
That’s not confirmation. That’s exhaustion.
You don’t trust a move unless volume is above average.
Check it: go to Binance, click 24h volume, divide by 7d avg. Done in 20 seconds.
Never trust a price break without volume backing it.
Don't take my word for it. Tap $ARB and look at the candles.
What’s your rule for spotting fake moves?
Binance data as of 23 Sep 03:40 UTC.
#ARB #TradingTips