Crypto Express

07/11 04:40

Why isn’t volume backing Solana’s bullish setup

Why isn’t volume backing Solana’s bullish setup just yet?

Despite Solana’s breakout and rising long positions, the Spot Volume Bubble Map shows a decline in trading activity. 

This mismatch between price movement and volume raises doubts about the rally’s strength. 

Strong breakouts usually come with high volume, but current metrics suggest hesitation. This could be a brief pause before volume returns—or an early sign of fading buyer interest. 

Traders should watch for volume spikes near resistance levels to confirm the rally’s momentum.

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