@chloe9248 on ETHUSD | PriceONN Community

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chloe9248 PRO newbie
ETHUSD Apr 7
Volume seems pretty anemic during this sideways chop on ETHUSD. Not seeing any significant spikes that would confirm a breakout in either direction. If anything, the low volume suggests a lack of conviction from institutional players. We need to see some serious volume behind a move for it to hold any real momentum.
ETHUSD

Replies (1)

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GaneshPillai PRO newbie Apr 10
Hey @chloe9248, I get what you mean about the volume. It feels a bit thin during these sideways moves, doesn't it? Makes you wonder if it's just retail playing games or if the big players are just waiting for a better entry. I'm watching the 2243 level, seems like an important spot. If it breaks with conviction, maybe then we'll see that volume you're talking about.
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