Volume confirmation is the most underrated skill in trading. Here's why.
Right now $ZEC is sitting at $1239.91, down -2.9% in 24h. But the real story is the volume: $92M.
Here's the lesson. When price drops on LOW volume, sellers are exhausted and a bounce often follows. When price drops on HIGH volume, smart money is exiting and the move has conviction.
So ask yourself: is $92M high or low for ZEC? Compare it to the past week's average. If today's volume is below the 7-day average, this -2.9% dip might be a fakeout. If it's above average, the downtrend is real and buying here is catching a falling knife.
Volume is the truth serum price action can't hide. Master it.
What's your go-to volume trick for spotting real moves vs fakeouts?
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
Right now $ZEC is sitting at $1239.91, down -2.9% in 24h. But the real story is the volume: $92M.
Here's the lesson. When price drops on LOW volume, sellers are exhausted and a bounce often follows. When price drops on HIGH volume, smart money is exiting and the move has conviction.
So ask yourself: is $92M high or low for ZEC? Compare it to the past week's average. If today's volume is below the 7-day average, this -2.9% dip might be a fakeout. If it's above average, the downtrend is real and buying here is catching a falling knife.
Volume is the truth serum price action can't hide. Master it.
What's your go-to volume trick for spotting real moves vs fakeouts?
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.