$SNXXB volume is 0.9x its weekly average and that is a warning sign
Most people chase the green candles without checking the fuel tank
Right now $SNXXB is up 18.4 percent over the day sitting at 3.7300 dollars
The daily range stretched from 2.9300 dollars to 3.8100 dollars near the high
The trap is thinking heavy buying caused this pump when the math says otherwise
Volume of 6.1 million dollars divided by the 7 day average gives that 0.9x ratio
Price is climbing while volume actually shrinks below normal levels
That divergence means institutions are sitting out while retail pushes the price
A real breakout needs volume well above 1.0x to sustain the push
Look for volume to confirm the move before you trust the next green candle
What volume ratio makes you skip a trade
#SNXXB #TradingTips
Most people chase the green candles without checking the fuel tank
Right now $SNXXB is up 18.4 percent over the day sitting at 3.7300 dollars
The daily range stretched from 2.9300 dollars to 3.8100 dollars near the high
The trap is thinking heavy buying caused this pump when the math says otherwise
Volume of 6.1 million dollars divided by the 7 day average gives that 0.9x ratio
Price is climbing while volume actually shrinks below normal levels
That divergence means institutions are sitting out while retail pushes the price
A real breakout needs volume well above 1.0x to sustain the push
Look for volume to confirm the move before you trust the next green candle
What volume ratio makes you skip a trade
#SNXXB #TradingTips