There is volume at every price level that had a trade.
It is the amount of available volume. Not the volume that traded but the volume at various price points of willing buyers and/or sellers.
Willing sellers at price points above current price.
Willing buyers at price points below current price.
There are always going to be new buyers and sellers entering the market at all times.
The big players will be in at certain price points. They will not move their price points. They wait for price to get to them. That is how they got to be bigger players.
If there are willing sellers willing to sell 1 million shares in total at various price points up to $3.00 above current price. Combined with willing buyers willing to buy 500k shares at various price points up to $3 above current price the price will be capped at $3 above current price. Price will stay capped until those sellers are filled. Price could drop $20-30 a share but when it comes back it will be capped until those sellers are filled.
There is volume at every price level that had a trade. It is the amount of available volume. Not the volume that traded but the volume at various price points of willing buyers and/or sellers. Willing sellers at price points above current price. Willing buyers at price points below current price. There are always going to be new buyers and sellers entering the market at all times. The big players will be in at certain price points. They will not move their price points. They wait for price to get to them. That is how they got to be bigger players. If there are willing sellers willing to sell 1 million shares in total at various price points up to $3.00 above current price. Combined with willing buyers willing to buy 500k shares at various price points up to $3 above current price the price will be capped at $3 above current price. Price will stay capped until those sellers are filled. Price could drop $20-30 a share but when it comes back it will be capped until those sellers are filled.