$BONK volume is sitting at 0.5x its weekly average and most traders are reading the chart completely wrong
Price drops hurt to watch but a quiet drop tells a very different story than a crash with heavy selling
Today we are down 8.9 percent sitting near the bottom of the 24 hour range at 0.00000337
The total 24 hour volume is only 4.7 million dollars which means the market is half as active as usual
When price falls on low volume it simply means sellers lack real participation
Compare that to a move backed by high volume where big money forces a true trend change
You can check this ratio yourself in twenty seconds by dividing today volume by the seven day average shown on your screen
Always check the volume relative to the average before you panic over a red candle
Open $BONK and set an alert at that level
What volume multiple usually makes you pay attention to a chart
#BONK #TradingTips
Price drops hurt to watch but a quiet drop tells a very different story than a crash with heavy selling
Today we are down 8.9 percent sitting near the bottom of the 24 hour range at 0.00000337
The total 24 hour volume is only 4.7 million dollars which means the market is half as active as usual
When price falls on low volume it simply means sellers lack real participation
Compare that to a move backed by high volume where big money forces a true trend change
You can check this ratio yourself in twenty seconds by dividing today volume by the seven day average shown on your screen
Always check the volume relative to the average before you panic over a red candle
Open $BONK and set an alert at that level
What volume multiple usually makes you pay attention to a chart
#BONK #TradingTips