Practical Education: Using the VWAP Volume Indicator for Short-Term Trades
The VWAP (Volume Weighted Average Price) is the volume-weighted average price. Unlike a simple moving average, it gives more importance to price levels where more trades occurred. Short-term traders use the VWAP as a line of "fair value". Trading above the VWAP may indicate buying strength, while trading below may indicate selling strength. It is a powerful tool for day traders.
Add the VWAP to the 15-minute chart of $BNB. See how the price reacts to it and practice identifying entry and exit points.
