When a crypto coin's price like $INJ or $DOT stays stable (moves sideways) for hours, it usually means the market is in consolidation, neither buyers nor sellers are dominating.
๐ What It Means:
- Itโs a pause after a big move or before the next big move.
- Volume is usually low.
- Price moves in a narrow range.
โ What You Should Do:
- Wait and watch โ donโt rush in.
- Mark support and resistance levels.
- Look for a breakout or breakdown before entering.
- Use indicators like RSI, volume, or Bollinger Bands to confirm next direction.
๐ Donโt enter during low movement unless youโre planning a breakout trade.
