Price and volume need to move together for the signal to be meaningful. If the price moves but volume doesn’t, be skeptical.
Take this one here: a Solana trader made $124,900 through DACITY in 9 days; $SOL 24h -1.16%, trading volume: 227 million.
It’s a bearish signal. Keep an eye on the previous low below; if it breaks, look to the next level down.
Take this one here: a Solana trader made $124,900 through DACITY in 9 days; $SOL 24h -1.16%, trading volume: 227 million.
It’s a bearish signal. Keep an eye on the previous low below; if it breaks, look to the next level down.