$INJ volume is 0.6x its weekly average and most traders are reading the chart completely wrong
Price is up 1.0 percent today sitting at 7.6490 near the top of the daily range
The mistake is looking at green candles and assuming buyers are piling in
Real buying leaves heavy footprints while weak moves happen on quiet books
Look at the 24 hour volume compared to the 7 day average to see the truth
Divide today by the weekly baseline and you get 0.6x which tells you liquidity is thin
A push on low volume means no real participation is driving the price higher
Always check this ratio before trusting a breakout or you will get trapped
Open $INJ and set an alert at that level
What is your cutoff for accepting volume as valid
#INJ #TradingTips
Price is up 1.0 percent today sitting at 7.6490 near the top of the daily range
The mistake is looking at green candles and assuming buyers are piling in
Real buying leaves heavy footprints while weak moves happen on quiet books
Look at the 24 hour volume compared to the 7 day average to see the truth
Divide today by the weekly baseline and you get 0.6x which tells you liquidity is thin
A push on low volume means no real participation is driving the price higher
Always check this ratio before trusting a breakout or you will get trapped
Open $INJ and set an alert at that level
What is your cutoff for accepting volume as valid
#INJ #TradingTips