๐Ÿš€ Why does a surge in volume matter more than a price jump alone?

$ZEC just climbed +3.6% in the last 24โ€ฏhours, trading around $1,515.84, while its 24h volume spiked to $390โ€ฏM. This isnโ€™t just a random rallyโ€”high volume acts as a โ€œconfirmation filter.โ€ When many traders buy or sell at the same time, it shows real market conviction, reducing the chance that the move is a shortโ€‘lived pump. In contrast, a price rise on thin volume can be easily reversed because thereโ€™s not enough backing behind it.

Key takeaways:
1๏ธโƒฃ Look for volume thatโ€™s at least 1.5โ€‘2ร— the average daily volume before trusting a breakout.
2๏ธโƒฃ A volume spike aligned with price action often precedes a sustainable trend, while lowโ€‘volume spikes are warning signs of potential pullbacks.

How do you currently use volume signals in your own trading decisions? $ZEC

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