$FTM volume is sitting at 0.3x its weekly average and most traders are misreading the chart completely
Price is down 0.8 percent today and hovering near $0.69940 which looks like a normal drift until you check the tape
When a market drops on low volume it simply means sellers lack conviction rather than an active crash
Today we have $15.0M in volume against a seven day baseline that is three times larger
That arithmetic tells you nobody important is participating in this move right now
High volume moves break ranges while low volume moves just fade away into nothing
Open $FTM and set an alert at that level
Look at the volume ratio before every single trade to see if real money is actually backing the price
#FTM #TradingTips
Price is down 0.8 percent today and hovering near $0.69940 which looks like a normal drift until you check the tape
When a market drops on low volume it simply means sellers lack conviction rather than an active crash
Today we have $15.0M in volume against a seven day baseline that is three times larger
That arithmetic tells you nobody important is participating in this move right now
High volume moves break ranges while low volume moves just fade away into nothing
Open $FTM and set an alert at that level
Look at the volume ratio before every single trade to see if real money is actually backing the price
#FTM #TradingTips