$FLOKI volume is 1.0x its weekly average and most people read that completely wrong
volume is fuel and a flat ratio means nobody new is stepping in
right now $FLOKI is sitting at 0.00002693 which is 77 percent through its daily range
that price is 11.1 percent below the seven day high of 0.00003030
when price moves up on average volume it usually means short covering not fresh buyers
look at your chart and divide today volume by the seven day average to get that 1.0x baseline
if price climbs while that ratio stays at 1.0x the move lacks real weight
what ratio do you wait for before you trust a breakout
#FLOKI #TradingTips
volume is fuel and a flat ratio means nobody new is stepping in
right now $FLOKI is sitting at 0.00002693 which is 77 percent through its daily range
that price is 11.1 percent below the seven day high of 0.00003030
when price moves up on average volume it usually means short covering not fresh buyers
look at your chart and divide today volume by the seven day average to get that 1.0x baseline
if price climbs while that ratio stays at 1.0x the move lacks real weight
what ratio do you wait for before you trust a breakout
#FLOKI #TradingTips