Day 9/20

Volume Matters in Trading

Today I focused on understanding volume and how it affects price movement.

Volume shows how much of a coin is being traded within a specific time.

It helps answer one key question:

👉 Is this move strong or weak?

Here’s what I’m learning:

• High volume + price moving up → strong buying interest

• High volume + price moving down → strong selling pressure

• Low volume → weak move (less conviction)

For example, if Bitcoin breaks a resistance level with high volume, the move is more likely to continue.

But if it breaks with low volume, it could be a fakeout.

This made me realize that price alone isn’t enough, volume helps confirm the move.