$ICP 24h volume is 0.5x its weekly average. Here is why that matters
Most traders look at the $2.4370 price and guess the next direction
That is a trap because volume tells you if anyone actually cares about the move
The $ICP 24h volume sits at 2.0M dollars right now
Divide that by the 7 day average and you get 0.5x
Half normal participation means the current drift lacks real conviction
Compare that to days when volume spikes above 1x the average and you see true momentum
Checking this ratio takes twenty seconds on your chart volume profile before every entry
What volume multiple do you wait for before you take a trade
#ICP #TradingTips
Most traders look at the $2.4370 price and guess the next direction
That is a trap because volume tells you if anyone actually cares about the move
The $ICP 24h volume sits at 2.0M dollars right now
Divide that by the 7 day average and you get 0.5x
Half normal participation means the current drift lacks real conviction
Compare that to days when volume spikes above 1x the average and you see true momentum
Checking this ratio takes twenty seconds on your chart volume profile before every entry
What volume multiple do you wait for before you take a trade
#ICP #TradingTips