$JTO volume is 0.9x its weekly average while price sits at 13 percent of its daily range
Most traders look at the red 3.4 percent drop today and panic without checking the fuel behind the move
Volume tells you if the big players care or if it is just retail fading into the noise
Right now $JTO is trading at 0.44420 with a 24h volume of 1.4M which is barely below normal
When volume is 0.9x the average during a down hour it means nobody is rushing to dump their bags
You can check this ratio in twenty seconds by dividing today total volume by the seven day volume average on your chart
If price drops on low volume it is usually just a lack of buyers rather than aggressive sellers
Never trust a breakdown when the volume is drying up
What is your favorite filter to avoid fake breakouts
#JTO #TradingTips
Most traders look at the red 3.4 percent drop today and panic without checking the fuel behind the move
Volume tells you if the big players care or if it is just retail fading into the noise
Right now $JTO is trading at 0.44420 with a 24h volume of 1.4M which is barely below normal
When volume is 0.9x the average during a down hour it means nobody is rushing to dump their bags
You can check this ratio in twenty seconds by dividing today total volume by the seven day volume average on your chart
If price drops on low volume it is usually just a lack of buyers rather than aggressive sellers
Never trust a breakdown when the volume is drying up
What is your favorite filter to avoid fake breakouts
#JTO #TradingTips