$SUI 5-minute trading volume was about $5.58 million, 14.8 times the previous average; the price barely moved over the same period.
Guys, what does a surge in volume actually mean? Here’s the short version 👇
Trading volume is often compared to fuel for the market: for a move to continue, volume generally needs to keep up—but that’s a rule of thumb, not a law.
When volume surges but the price stays roughly flat, it means buyers and sellers are actively trading hands at the current price. Which way the market goes next depends on which side backs down first.
Sizing your position based on your stop-loss distance is much more reliable than placing trades by feel.
#SUI
Personal notes, not a recommendation to buy or sell.
Guys, what does a surge in volume actually mean? Here’s the short version 👇
Trading volume is often compared to fuel for the market: for a move to continue, volume generally needs to keep up—but that’s a rule of thumb, not a law.
When volume surges but the price stays roughly flat, it means buyers and sellers are actively trading hands at the current price. Which way the market goes next depends on which side backs down first.
Sizing your position based on your stop-loss distance is much more reliable than placing trades by feel.
#SUI
Personal notes, not a recommendation to buy or sell.