🐋 Trading volume over $S 5 minutes was about $1.34 million, 19.7 times the previous average; the price fell 1.45% over the same period.
When trading volume surges, many people instinctively assume big money is moving in, but it’s not that simple.
Changes in trading volume often show up before price changes, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The candlestick chart shows which way it may go.
A rise in volume alongside a price increase is often seen as evidence that the rally is supported by trading activity; a rise in volume alongside a price drop is often seen as a sign of heavier selling pressure. But these are just rules of thumb.
Understanding an indicator helps you avoid being spooked by a single number—not predict price movements with certainty.
#S
When trading volume surges, many people instinctively assume big money is moving in, but it’s not that simple.
Changes in trading volume often show up before price changes, so many people treat an unusual spike in volume as a signal to pay attention to a coin. The candlestick chart shows which way it may go.
A rise in volume alongside a price increase is often seen as evidence that the rally is supported by trading activity; a rise in volume alongside a price drop is often seen as a sign of heavier selling pressure. But these are just rules of thumb.
Understanding an indicator helps you avoid being spooked by a single number—not predict price movements with certainty.
#S