$SOL 15-minute trading volume rose to 5.1 times the average, while the price fell 0.21%.
After a volume spike, I look at three things:
1) The direction of the price: moving sideways
2) Whether the higher volume can continue—a single spike may be a one-off
3) The range during the volume spike, which often becomes a short-term dividing line
If it were you, would you make a move or wait a little longer?
#SOL
The market changes in an instant, so don’t rush to conclusions.
After a volume spike, I look at three things:
1) The direction of the price: moving sideways
2) Whether the higher volume can continue—a single spike may be a one-off
3) The range during the volume spike, which often becomes a short-term dividing line
If it were you, would you make a move or wait a little longer?
#SOL
The market changes in an instant, so don’t rush to conclusions.