Volume is what separates a real breakout from a fakeout.

1. 01Rising Volume— Relative volume above normal with a rising volume MA or back-to-back higher bars — participation building.
2. 02Volume Spike— A single bar well above the baseline — a burst of activity worth a second look.
3. 03Confirmed Break— Price closes through a key level on a volume spike — the move that separates a break from a fakeout.
4. 04Exhaustion— A high-volume climax with a large opposing wick after a run — a blow-off top or bottom losing steam.
5. 05Dry-Up / Squeeze— Volume fading with a falling MA — coiling and compressing before the next expansion.

One venue on one timeframe. The in-app board runs the same detector across Binance spot and USDⓈ-M perpetuals on 15m to 1W, with the RVOL and streak filters — and on the perps, the open-interest trend a spot read like this one does not carry.

1. 01Pick the market and the timeframeScan Binance spot pairs, USDT-M perpetuals, or both, then choose the candle interval the read is built on — 15m, 1h, 4h, 1D or 1W. Every state is computed on closed candles, so a bar that looks enormous halfway through and finishes ordinary never reaches you as a signal.
2. 02Set the bar for what counts as unusualRelative volume does the filtering: keep everything, or only coins running at least 1.5×, 2×, 3× or 5× their own baseline. A rising-streak filter narrows it further to coins where volume has climbed several bars in a row, rather than one loud candle standing on its own.
3. 03Read the state, then read the flowEach coin carries exactly one state — rising volume, a spike, a volume-confirmed break, an exhaustion climax, or a dry-up. Open the card and the taker buy/sell split says who was the aggressor, the volume trend and streak say whether the fuel is building or fading, and on perpetuals the open-interest trend says whether new positions are behind the move.
4. 04Sort it, then decide what to do with itRank the board by strength, by relative volume, by streak, or by what printed most recently — only coins with a genuine volume event make the list, and it refreshes about once a minute. When you would rather the next spike find you, the same measurement runs as an alert delivered to email, Telegram, Discord or a webhook.

Volume analysis — common questions

What is relative volume (RVOL) in crypto trading?

Relative volume measures the latest candle's volume against that coin's own rolling baseline, so 3× means three times its normal level rather than simply a big green bar. Because every coin is judged against itself, one threshold reads the same on BTC and on a thin small cap — a flat volume number never could. RVOL is the gauge every state on the scanner is built from.

What does the volume analysis scanner actually measure?

It reads relative volume (RVOL) — the latest bar against a rolling baseline — then classifies each coin into one state: rising volume, a spike, a volume-confirmed level break, a high-volume exhaustion climax, or a dry-up. It also shows the taker buy/sell split, 24h quote volume, and open-interest trend on perpetuals.

Which market and exchange does the volume data come from?

Volume states are computed from Binance market data — both spot pairs and USDT-M futures — over closed candles, so a signal never repaints mid-bar. Scans run on 15m, 1h, 4h, 1D and 1W candles, and the board refreshes about once a minute. Open interest is joined for the futures (perp) coins at read time. The live boards on this page are one such read — Binance spot on the 1h candle — so no row on them carries open interest.

How do you tell a real breakout from a fakeout?

Volume is the usual filter: a close through a level on ordinary volume is a coin flip, the same close on a volume spike has participation behind it. That is exactly what the Confirmed Break state looks for — price closing through a key level on a spike, rather than drifting through it on nothing. It is a filter, not a guarantee; plenty of confirmed breaks still fail.

What does a huge volume bar with a long wick mean?

After an extended run it usually reads as exhaustion — a climax rather than a start. The scanner labels it Exhaustion: a high-volume bar with a large opposing wick, the shape a blow-off top or a capitulation low tends to print when the last buyers or sellers get filled. Context matters: the same bar mid-range, with no run behind it, means much less.

Is falling volume bullish or bearish?

Neither on its own — fading volume is compression, not direction. The Dry-Up / Squeeze state flags volume falling away with a declining moving average, the coiling that often precedes the next expansion, and it tells you where to look rather than which way it breaks. Watch it, and let the move that follows pick the side.

What does rising open interest alongside rising volume mean?

Rising open interest means new positions are being opened into the move — money committing, not just changing hands. Falling open interest on the same volume means positions are being closed instead, which is what a squeeze or a flush looks like. Open interest is a perpetuals-only reading, so it appears on the futures coins and not on spot pairs.

Is the volume analysis scanner free to use?

Yes. The free plan includes every CoinBeacon feature: the volume scanner, all its states and filters, plus up to 5 active alerts with 10 notifications per day. No credit card and no exchange API keys — sign in with Google to start.

1. 01Price alerts— When a coin hits a price you set→
2. 02Percentage moves— A big jump or drop within a time window→
3. 03Momentum alerts— Every time a coin swings by your amount→
4. 04Pump & dump alerts— The instant a coin pumps or dumps abnormally fast→
5. 05Wick detection— Spikes that get rejected and snap back→
6. 06Volume spikes— When trading suddenly jumps→