A note: Trading volume over $TAO 5 minutes was about $1.02 million, 8.6 times the previous average; the price fell 0.49% over the same period.
People often ask what a surge in trading volume means. Here’s how I see it.
When volume picks up, order-book spreads and slippage often widen too, so chasing the move with a market order can be costly.
I treat a volume spike as a signal worth watching, not a reason to place an order right away. I let the candlesticks show me the direction.
Don’t place an order at the most volatile moment. Wait for the price to settle before deciding.
#TAO
Markets move quickly, so make your own decisions.
People often ask what a surge in trading volume means. Here’s how I see it.
When volume picks up, order-book spreads and slippage often widen too, so chasing the move with a market order can be costly.
I treat a volume spike as a signal worth watching, not a reason to place an order right away. I let the candlesticks show me the direction.
Don’t place an order at the most volatile moment. Wait for the price to settle before deciding.
#TAO
Markets move quickly, so make your own decisions.