Technical Analysis: The Importance of Volume
A breakout without volume is often just a trap for buyers (Bull Trap) 📊
Before confirming a breakout of resistance, always check whether the trading volume supports the move. Without significant volume, the rally is likely to lose steam very quickly.
💡 Price shows the direction; volume confirms the strength.
#TechnicalAnalysis #TradingTips #ChartAnalysis #Crypto $ETH
A breakout without volume is often just a trap for buyers (Bull Trap) 📊
Before confirming a breakout of resistance, always check whether the trading volume supports the move. Without significant volume, the rally is likely to lose steam very quickly.
💡 Price shows the direction; volume confirms the strength.
#TechnicalAnalysis #TradingTips #ChartAnalysis #Crypto $ETH