Quick thought: $MAGMA just jumped 8.45% in an hour. My first move was to check the volume ($12.82 million over 24h).
Why check volume first? I learned the hard way: low-volume rallies are usually just a wick, and if you chase them, you get left holding the bag.
This rally is pretty sharp, so it’s easy to get caught up in FOMO. All the more reason to stay calm.
What do you usually look at first when you see a rally?
Why check volume first? I learned the hard way: low-volume rallies are usually just a wick, and if you chase them, you get left holding the bag.
This rally is pretty sharp, so it’s easy to get caught up in FOMO. All the more reason to stay calm.
What do you usually look at first when you see a rally?