$DOT volume is 1.3x its weekly average. Most traders miss what that actually means
Price is up 7.3 percent today at $1.2550 sitting inside a $1.1610 to $1.2960 range
When volume is higher than average it means real money is pushing the move
Low volume moves fade out fast because nobody is backing the breakout
Divide your current 24h volume by your seven day average to find the ratio
Here is your rule for the next trade never trust a move below average volume
Tap $DOT and check the hourly chart yourself
What is your favorite volume indicator for spotting fake breakouts
#DOT #TradingTips
Price is up 7.3 percent today at $1.2550 sitting inside a $1.1610 to $1.2960 range
When volume is higher than average it means real money is pushing the move
Low volume moves fade out fast because nobody is backing the breakout
Divide your current 24h volume by your seven day average to find the ratio
Here is your rule for the next trade never trust a move below average volume
Tap $DOT and check the hourly chart yourself
What is your favorite volume indicator for spotting fake breakouts
#DOT #TradingTips