🐳 $TRUTH Capital flow quick take:
Trading volume was 23.8 times the 20-day average → a large number of shares changed hands near the 90-day high.
A high-volume breakout above the previous high of 0.02092 usually has two possible interpretations: buyers aggressively absorbed the selling pressure at the previous high (bullish), or earlier holders used the breakout to sell (bearish). To tell which, watch whether the price holds above the previous high after the breakout.
#TRUTH
Trading volume was 23.8 times the 20-day average → a large number of shares changed hands near the 90-day high.
A high-volume breakout above the previous high of 0.02092 usually has two possible interpretations: buyers aggressively absorbed the selling pressure at the previous high (bullish), or earlier holders used the breakout to sell (bearish). To tell which, watch whether the price holds above the previous high after the breakout.
#TRUTH