As a seasoned crypto trader, when $WAL jumped +11.48% in 15 minutes just now, my first instinct was to check the trading volume ($28.01 million over 24h).
Why check volume first? I’ve learned the hard way: rallies on declining volume are often just a spike, and chasing them can leave you holding the bag.
This is a pretty big move, so it’s easy to get swept up in the excitement—the more reason to stay grounded.
When you see a rally, what do you usually check first?
Why check volume first? I’ve learned the hard way: rallies on declining volume are often just a spike, and chasing them can leave you holding the bag.
This is a pretty big move, so it’s easy to get swept up in the excitement—the more reason to stay grounded.
When you see a rally, what do you usually check first?