🗂️ Data snapshot: $SOL | 15-minute volume up 8.6x | Price up 0.55%
· Meaning: Unusual volume often appears before price movements, so many people treat an abnormal spike in volume as a signal to pay attention to a coin. The direction, however, has to wait for the candlesticks to show.
· Common interpretation: When trading volume increases after a big rise but the price barely moves up, this is often called “rising volume with a stalled price.” Many people see it as a sign of growing disagreement between bulls and bears.
Understanding an indicator is about avoiding being misled by the numbers, not using it to predict tops and bottoms.
#SOL
Just my personal opinion—don’t treat it as a basis for trading.
· Meaning: Unusual volume often appears before price movements, so many people treat an abnormal spike in volume as a signal to pay attention to a coin. The direction, however, has to wait for the candlesticks to show.
· Common interpretation: When trading volume increases after a big rise but the price barely moves up, this is often called “rising volume with a stalled price.” Many people see it as a sign of growing disagreement between bulls and bears.
Understanding an indicator is about avoiding being misled by the numbers, not using it to predict tops and bottoms.
#SOL
Just my personal opinion—don’t treat it as a basis for trading.