$PENGU 1-hour volume surge anomaly: trading value was 3.9 times the average ($5.07 million), while the price rose 1.03% over the same period.
Rising volume and rising prices are a fairly standard bullish signal. The key is whether both continue to rise; if volume contracts, the likelihood of a pullback increases.
Rising volume and rising prices are a fairly standard bullish signal. The key is whether both continue to rise; if volume contracts, the likelihood of a pullback increases.