$ETC 5-minute volume surged to 15.8 times its usual level, rising 0.51%, with the current price at 7.75.
A sudden spike in trading volume suggests large orders are being actively traded. The direction should be judged together with the price movement.
Iโ€™ll use the consolidation zone before the unusual activity as a reference: the move only counts as valid if the price holds outside the range.