❗️ $LIT The 15-minute volume has surged to 7x🔥
Don’t rush into the hype—understand trading volume first👇
Every trade has both a buyer and a seller, so a spike in volume alone doesn’t mean there are more buyers or that money is flowing in; it just means there’s more turnover.
A volume spike can sometimes be caused by a cluster of liquidations. Liquidation orders are filled passively, so this kind of volume doesn’t mean the same thing as active buying or selling. Check the liquidation data for context.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.
#LIT
Don’t rush into the hype—understand trading volume first👇
Every trade has both a buyer and a seller, so a spike in volume alone doesn’t mean there are more buyers or that money is flowing in; it just means there’s more turnover.
A volume spike can sometimes be caused by a cluster of liquidations. Liquidation orders are filled passively, so this kind of volume doesn’t mean the same thing as active buying or selling. Check the liquidation data for context.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.
#LIT