$OP volume is 0.8x its weekly average and that changes everything about this +4.7 percent pump
Most traders see green and assume buyers are stepping in heavily
Look closer at the actual math today
$OP volume sits at $6.4M which is below normal even as price sits at 95 percent of the 24h range between $0.13000 and $0.14100
When price climbs on below average volume it usually means no heavy participation is driving it
A real breakout needs volume above 1.0x to prove conviction
Here is how you check this ratio yourself in twenty seconds on Binance
Open the daily chart and compare today volume to the simple moving average of volume set to seven periods
If price goes up and volume goes down you should be very careful chasing highs
What indicator do you check first before trusting a green candle
#OP #TradingTips
Most traders see green and assume buyers are stepping in heavily
Look closer at the actual math today
$OP volume sits at $6.4M which is below normal even as price sits at 95 percent of the 24h range between $0.13000 and $0.14100
When price climbs on below average volume it usually means no heavy participation is driving it
A real breakout needs volume above 1.0x to prove conviction
Here is how you check this ratio yourself in twenty seconds on Binance
Open the daily chart and compare today volume to the simple moving average of volume set to seven periods
If price goes up and volume goes down you should be very careful chasing highs
What indicator do you check first before trusting a green candle
#OP #TradingTips