★Volume Speaks Louder Than Candles★
R: Candles show direction, but volume reveals truth. LAYER’s recent breakout to $0.6008 wasn’t just about the green candle—it was the massive spike in volume that gave it credibility. When you see that kind of participation, you know the move had strength. But what happened next? Volume faded, and so did price. That’s hesitation.
Now, let’s look deeper: the order book shows 55% buy pressure, which means the majority of orders are still leaning bullish. This imbalance is key—it shows demand hasn’t died, but it also tells us bulls need fresh fuel to continue higher. Without rising volume, candles are just smoke without fire.
Here’s the trader’s lesson: follow volume, not emotions. Many traders got caught buying at the peak of $0.6008 because they ignored exhaustion. Experienced traders wait for volume confirmation before entering or adding to positions.
As long as volume stays low, price will likely consolidate between $0.5850 and $0.6000. A breakout beyond that range must be backed by strong buying participation. Without it, the move will fade quickly.
The story of this chart is simple: market interest surged, then cooled. Now, traders must wait for the next wave of participation. In crypto, patience isn’t boring—it’s profitable.
#BuiltonSolayer and $LAYER @Solayer