$ARB volume is 0.3x its weekly average and most traders are reading the chart completely wrong
Price is up 4.6 percent today sitting near the top of the 0.16320 to 0.17210 range but look at the actual transactions behind it
When a move happens on low volume it usually means buyers are exhausted rather than aggressive
That 5.8M volume over the last 24 hours is less than a third of what normally moves through this asset over seven days
Think of it like a car rolling up a hill in neutral instead of accelerating with fuel
Real demand leaves massive footprints on the tape while fake moves just drift on empty air
Check your own charts by dividing today volume into the seven day average before you trust any breakout
Open
$ARB and set an alert at that level
What is your cutoff for volume confirmation on a daily high
#ARB #TradingTips