Volume tells you whether a move has conviction. $ZEC is down 7.0% today at $1265.01 — but the real story is the $139M volume tag.
Here's the concept: volume confirmation. When price drops on rising volume, sellers are aggressive and the move likely continues. When price drops on shrinking volume, selling pressure is exhausted and a reversal often follows.
Right now, compare $ZEC's current $139M to its average daily volume. If today's volume is BELOW average, this -7% dip may be a low-conviction shakeout. If it's ABOVE average, the downtrend has real teeth and catching the knife is risky.
One simple rule: never short falling volume, never long rising volume until you see exhaustion.
What's your go-to volume indicator — raw volume bars, OBV, or something else? $ZEC
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
Here's the concept: volume confirmation. When price drops on rising volume, sellers are aggressive and the move likely continues. When price drops on shrinking volume, selling pressure is exhausted and a reversal often follows.
Right now, compare $ZEC's current $139M to its average daily volume. If today's volume is BELOW average, this -7% dip may be a low-conviction shakeout. If it's ABOVE average, the downtrend has real teeth and catching the knife is risky.
One simple rule: never short falling volume, never long rising volume until you see exhaustion.
What's your go-to volume indicator — raw volume bars, OBV, or something else? $ZEC
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.