📊 Data: $GENIUS |5-minute volume surged 111.8x|Price fell 12.07%
· Explanation: Multiples are relative: for coins that usually trade little, a several-fold increase may still be caused by just a few large orders. The same increase in volume for a top coin would be much rarer.
· How I read it: I treat unusual trading activity as a signal worth paying attention to, not a reason to place an order immediately. I let the price show me the direction.
Any indicator is a summary of past price movements, and the price can always move in the opposite direction.
· Explanation: Multiples are relative: for coins that usually trade little, a several-fold increase may still be caused by just a few large orders. The same increase in volume for a top coin would be much rarer.
· How I read it: I treat unusual trading activity as a signal worth paying attention to, not a reason to place an order immediately. I let the price show me the direction.
Any indicator is a summary of past price movements, and the price can always move in the opposite direction.