medium · Volume Price Analysis
An instrument breaks above a congestion ceiling with a wide-spread up candle, but the volume is significantly below the average.
What is the most likely institutional intent behind this move?
- Testing for supply at higher prices without committing capital.
- Manufacturing a 'trap up' move to lure retail breakout traders.
- Absorbing residual selling through high-frequency trading activity.
- Establishing a new floor for a long-term markup phase.
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