$STX volume is 0.6x its weekly average. Most traders ignore this and chase price anyway.
Price dropped 6.6% but volume was light.
That’s not a strong sell-off.
It’s a lack of conviction.
24h volume $2.2M vs 7d avg $3.7M.
Do the math: 2.2 divided by 3.7 is 0.6.
No volume means no momentum. Just noise.
Watch the volume ratio before you react to any move.
Open $STX and set an alert at the level.
What’s your rule for spotting real moves?
Binance data as of 23 Sep 17:00 UTC.
#STX #TradingTips
Price dropped 6.6% but volume was light.
That’s not a strong sell-off.
It’s a lack of conviction.
24h volume $2.2M vs 7d avg $3.7M.
Do the math: 2.2 divided by 3.7 is 0.6.
No volume means no momentum. Just noise.
Watch the volume ratio before you react to any move.
Open $STX and set an alert at the level.
What’s your rule for spotting real moves?
Binance data as of 23 Sep 17:00 UTC.
#STX #TradingTips