Price Up β Volume Down πβ οΈ (Weak Breakout Signal)
π When price rises but volume declines, it indicates that the move may be losing strength β often a sign of retail-driven rallies without institutional support.
β
Formation:
Price candles move upward consistently.
Each successive candle shows lower volume.
No strong follow-up momentum or range expansion.
β
Meaning: Weak hands pushing price β potential reversal or pullback ahead.
π Example: Stock climbs βΉ720 β βΉ780 over 5 days, but daily volume falls 2.2M β 1.4M β 1M β Price Up, Volume Down β upmove unsustainable.
π§ Tip: Confirm with RSI divergence or a failure candle near resistance.
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