🔍 $A 1-hour trading volume was approximately $5.06 million, 8.2 times the previous average; the price rose 5.33% over the same period.
【Quick explainer】What does a surge in trading volume mean?
A spike in trading volume often occurs around news releases, breaks of key price levels, large orders entering or leaving the market, or a wave of liquidations.
Whether volume increases during a breakout is often seen as one way to distinguish a genuine breakout from a false one: a breakout on declining volume is more likely to reverse.
Leave enough room in your futures positions—don’t let a single price wick knock you out.
【Quick explainer】What does a surge in trading volume mean?
A spike in trading volume often occurs around news releases, breaks of key price levels, large orders entering or leaving the market, or a wave of liquidations.
Whether volume increases during a breakout is often seen as one way to distinguish a genuine breakout from a false one: a breakout on declining volume is more likely to reverse.
Leave enough room in your futures positions—don’t let a single price wick knock you out.