$IOST volume is 36.6x its weekly average. Here is why that matters more than price
Most people look at the 43.3 percent gain and chase blindly
They forget to check if actual money is moving or just a few small orders
Today $IOST traded 8.8M in volume while sitting at 0.001066
Take that dollar volume and divide it by the normal seven day average to see the real participation ratio
When a move happens on heavy volume it means institutions or large pools are involved
When price jumps on low volume it usually means a fakeout waiting to trap late buyers
Always check that volume multiple before you trust a breakout
What is your minimum volume multiple before you enter a trade?
#IOST #TradingTips
Most people look at the 43.3 percent gain and chase blindly
They forget to check if actual money is moving or just a few small orders
Today $IOST traded 8.8M in volume while sitting at 0.001066
Take that dollar volume and divide it by the normal seven day average to see the real participation ratio
When a move happens on heavy volume it means institutions or large pools are involved
When price jumps on low volume it usually means a fakeout waiting to trap late buyers
Always check that volume multiple before you trust a breakout
What is your minimum volume multiple before you enter a trade?
#IOST #TradingTips