Volume Rejection at Resistance – Clear Sign of Supply Pressure 🚫📊

📊 When price approaches a major resistance with high volume but fails to close above it, it signals institutional selling or heavy supply absorption. ✅ Key Characteristics: Candle tests resistance zone. Volume spikes above average. Price closes below the breakout level. ✅ Interpretation: Big players are unloading positions, rejecting higher prices and stopping retail-led breakouts. 📌 Example: Stock tests ₹1280 resistance on high volume but closes at ₹1265 → Volume Rejection → expect consolidation or mild correction. 🧠 Tip: If 2–3 consecutive rejections happen, strength at resistance becomes even higher.