📋 Data snapshot: $SUI | 4× volume in 1 hour | price down 0.73%
· What it means: Multiples are relative. For a usually quiet coin, a several-fold increase in volume may come from just a few large orders; the same increase in volume for a major coin is much rarer.
· How to read it: Rising prices on higher volume are often seen as having buying support, while falling prices on higher volume are often interpreted as genuine selling pressure. But these are only rules of thumb.
Understanding an indicator helps you avoid being misled by a single number; it doesn’t let you predict price movements precisely.
Be aware of the risks and make your own decisions.
· What it means: Multiples are relative. For a usually quiet coin, a several-fold increase in volume may come from just a few large orders; the same increase in volume for a major coin is much rarer.
· How to read it: Rising prices on higher volume are often seen as having buying support, while falling prices on higher volume are often interpreted as genuine selling pressure. But these are only rules of thumb.
Understanding an indicator helps you avoid being misled by a single number; it doesn’t let you predict price movements precisely.
Be aware of the risks and make your own decisions.