$OP volume sits at 0.3x the weekly average and most traders are reading the chart completely wrong
Price is sitting at $0.12630 today down 1.1 percent inside a quiet range
When a move happens on low volume it usually means institutions are simply ignoring the action
Look at the 24h range between $0.11860 and $0.13010 to see how narrow the spread really is
Divide today's $4.4M volume by your exchange 7 day average to find that 0.3x ratio yourself
A price push on heavy volume tells you real money is entering but this move has zero fuel behind it
Always check the volume ratio before trusting any breakout or you are just trading against air
Open $OP and set an alert at that level
What is your minimum volume multiplier before you take a trade
#OP #TradingTips
Price is sitting at $0.12630 today down 1.1 percent inside a quiet range
When a move happens on low volume it usually means institutions are simply ignoring the action
Look at the 24h range between $0.11860 and $0.13010 to see how narrow the spread really is
Divide today's $4.4M volume by your exchange 7 day average to find that 0.3x ratio yourself
A price push on heavy volume tells you real money is entering but this move has zero fuel behind it
Always check the volume ratio before trusting any breakout or you are just trading against air
Open $OP and set an alert at that level
What is your minimum volume multiplier before you take a trade
#OP #TradingTips