A candle without volume is like a car without fuel — it might roll forward briefly, but it won't go far.
Right now $SOL is up +1.7% at $93.28. The critical detail? Volume sits at $119M.
Here's how to read volume confirmation: when price breaks a key level, you want volume EXPANDING, not shrinking. A breakout on low volume = weak conviction. A breakout on rising volume = institutions are backing the move.
Think of it as a vote. Few shares traded = few voters. Heavy volume = the market is putting real money behind its opinion.
Before acting on any breakout, ask: is the volume confirming the price, or diverging from it?
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
#CryptoTrading #VolumeAnalysis
Right now $SOL is up +1.7% at $93.28. The critical detail? Volume sits at $119M.
Here's how to read volume confirmation: when price breaks a key level, you want volume EXPANDING, not shrinking. A breakout on low volume = weak conviction. A breakout on rising volume = institutions are backing the move.
Think of it as a vote. Few shares traded = few voters. Heavy volume = the market is putting real money behind its opinion.
Before acting on any breakout, ask: is the volume confirming the price, or diverging from it?
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
#CryptoTrading #VolumeAnalysis