Volume Momentum Analysis my idea on the Daily and 4H Timeframes
On the daily timeframe (left), we observe a breakout above a previous high-volume candle. From a classical technical analysis or price action perspective, this could be seen as a false breakout. However, in volume analysis, this is interpreted as a liquidity grab, potentially signaling the beginning of a strong move.
On the 4-hour timeframe (right), the price has successfully broken above the high-volume candle and is currently in the process of retesting the breakout level, a key confirmation point before continuation.
when you thin outside the box, you will see the light BINANCE:ELFUSDT
Price Targets:
• First target: +30%
• Second target: +70%
