$SUI volume is 0.9x its weekly average and most traders are misreading the chart
Right now $SUI sits at 0.93040 down 3.0 percent over the day
Total volume is running below normal at 0.9x the seven day average
Price is sitting at 38 percent of the daily range between 0.91170 and 0.96130
A drop on low volume means sellers lack heavy conviction
A drop on high volume means panic is actually driving the market
To check this ratio open your daily chart and compare today volume to the volume moving average line
Look for volume spikes above 1x before trusting any breakout
What is your go to volume filter on charts
#SUI #TradingTips
Right now $SUI sits at 0.93040 down 3.0 percent over the day
Total volume is running below normal at 0.9x the seven day average
Price is sitting at 38 percent of the daily range between 0.91170 and 0.96130
A drop on low volume means sellers lack heavy conviction
A drop on high volume means panic is actually driving the market
To check this ratio open your daily chart and compare today volume to the volume moving average line
Look for volume spikes above 1x before trusting any breakout
What is your go to volume filter on charts
#SUI #TradingTips