Data: $CRV ｜1-hour trading volume surged 5x｜Price rose 1.26%
What it means: A spike in trading volume often occurs when news breaks, a key level is breached, large orders are executed, or mass liquidations take place.
Common interpretation: Don’t chase a move just because volume is surging. Volatility is often higher during these periods, so using less leverage is generally safer.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to trade on gut feeling.
Use this as a reference, but don’t take it as gospel.
What it means: A spike in trading volume often occurs when news breaks, a key level is breached, large orders are executed, or mass liquidations take place.
Common interpretation: Don’t chase a move just because volume is surging. Volatility is often higher during these periods, so using less leverage is generally safer.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to trade on gut feeling.
Use this as a reference, but don’t take it as gospel.