$SNXXB volume is 1.0x its weekly average while price sits at 4.3600 near the top of the range
Most traders chase a twenty point green day without checking if anyone is actually backing the move
Look at the 24h volume of 6.8M compared to the 7 day average
It is dead even at 1.0x which tells you smart money is sitting on their hands
A real breakout needs heavy volume to punch through resistance but this pump is running on empty air
Price is at 98 percent of the 24h range of 3.1900 to 4.3800 but the lack of volume makes that top heavy
The 1h RSI is sitting hot at 76 while the hourly swing moves 2.9 percent
When price runs hard on average volume you get a fake breakout instead of a trend
Always check your volume ratio before you FOMO into a green candle
What volume multiple do you demand before opening a long position
Tap $SNXXB and check the hourly chart yourself
#SNXXB #TradingTips
Most traders chase a twenty point green day without checking if anyone is actually backing the move
Look at the 24h volume of 6.8M compared to the 7 day average
It is dead even at 1.0x which tells you smart money is sitting on their hands
A real breakout needs heavy volume to punch through resistance but this pump is running on empty air
Price is at 98 percent of the 24h range of 3.1900 to 4.3800 but the lack of volume makes that top heavy
The 1h RSI is sitting hot at 76 while the hourly swing moves 2.9 percent
When price runs hard on average volume you get a fake breakout instead of a trend
Always check your volume ratio before you FOMO into a green candle
What volume multiple do you demand before opening a long position
Tap $SNXXB and check the hourly chart yourself
#SNXXB #TradingTips