$SOPH volume is 12.8x its weekly average and most people are reading it totally wrong
anyone can chase a green candle but real volume tells you if the move has legs
look at $SOPH right now doing 10.2M in volume against a normal week
that means traders are actually committing cash not just bouncing pennies
when $SOPH jumped up toward the 0.002600 high the volume surged with it
if price goes up and volume stays flat you are walking into a trap
check the ratio on your chart by dividing today by the 7 day average before you enter
what is your cutoff for a fakeout volume spike on $SOPH
#SOPH #TradingTips
anyone can chase a green candle but real volume tells you if the move has legs
look at $SOPH right now doing 10.2M in volume against a normal week
that means traders are actually committing cash not just bouncing pennies
when $SOPH jumped up toward the 0.002600 high the volume surged with it
if price goes up and volume stays flat you are walking into a trap
check the ratio on your chart by dividing today by the 7 day average before you enter
what is your cutoff for a fakeout volume spike on $SOPH
#SOPH #TradingTips