$PEPE |5-minute volume surged 8.7x|Price fell 0.49%
Before looking at money flows, first understand trading volume.
Trading volume is often compared to fuel for price: trends generally need continued trading activity to carry on, but this is an observation, not a rule.
Whether a breakout happens on high volume is often considered one factor in distinguishing a genuine breakout from a false one: breakouts on low volume are more likely to fail.
Don’t disrupt your plan based on a single indicator, and don’t use borrowed money to test a reading.
#PEPE
Before looking at money flows, first understand trading volume.
Trading volume is often compared to fuel for price: trends generally need continued trading activity to carry on, but this is an observation, not a rule.
Whether a breakout happens on high volume is often considered one factor in distinguishing a genuine breakout from a false one: breakouts on low volume are more likely to fail.
Don’t disrupt your plan based on a single indicator, and don’t use borrowed money to test a reading.
#PEPE