$ONDO volume at 0.3x its weekly average tells a story most traders completely misread
Price sits at 0.40340 down 1.6 percent on the day inside a tight range
When volume dries up like this a small push can look like a reversal but it has zero weight behind it
Most people see a green candle and assume buyers stepped in
Look at the math instead
The daily volume is just 0.3x the seven day average meaning nobody with actual size is participating right now
Check this ratio yourself by opening any chart and dividing today volume by the volume moving average
Low volume moves fade fast because liquidity is thin
Tap $ONDO and check the hourly chart yourself
What is your favorite filter to avoid fake breakouts
#ONDO #TradingTips
Price sits at 0.40340 down 1.6 percent on the day inside a tight range
When volume dries up like this a small push can look like a reversal but it has zero weight behind it
Most people see a green candle and assume buyers stepped in
Look at the math instead
The daily volume is just 0.3x the seven day average meaning nobody with actual size is participating right now
Check this ratio yourself by opening any chart and dividing today volume by the volume moving average
Low volume moves fade fast because liquidity is thin
Tap $ONDO and check the hourly chart yourself
What is your favorite filter to avoid fake breakouts
#ONDO #TradingTips