Most traders stare at price. Smart traders stare at volume. Here is why.
Right now $BNB sits at $742.15, up 0.5% in 24h. But the real story is the $72M volume bar underneath that move.
Volume is the fuel behind any price action. Think of price as the car and volume as the engine. When price rises on strong volume, institutions are buying and the move has conviction. When price rises on weak volume, it is often a trap with no real backing, likely to reverse.
A 0.5% bump on $72M tells us there is participation, but you need context. Compare today's bar to the previous 5 days. If this volume is higher than average, the uptrend has fuel. If it is lower, the buyers are exhausted and a pullback could be next.
Never trade a breakout without checking the volume bar first.
Do you check volume before entering a trade, or do you only look at the candle?
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 $BNB sits at $742.15, up 0.5% in 24h. But the real story is the $72M volume bar underneath that move.
Volume is the fuel behind any price action. Think of price as the car and volume as the engine. When price rises on strong volume, institutions are buying and the move has conviction. When price rises on weak volume, it is often a trap with no real backing, likely to reverse.
A 0.5% bump on $72M tells us there is participation, but you need context. Compare today's bar to the previous 5 days. If this volume is higher than average, the uptrend has fuel. If it is lower, the buyers are exhausted and a pullback could be next.
Never trade a breakout without checking the volume bar first.
Do you check volume before entering a trade, or do you only look at the candle?
We post every algo signal's real result openly and the full live track record + a free preview channel are in our bio/profile.