A note: $TAO : 15-minute trading volume was about $3.92 million, 6.7 times the previous average; over the same period, the price fell 0.84%.
People often ask what trading volume means. Here’s how I understand it.
A surge in volume usually happens when news is released, a key level is breached, large orders are placed or withdrawn, or liquidations occur en masse.
When volume rises at a high price level but the price barely moves up, this is often called “rising volume with a flat price.” Many people see it as a sign of growing disagreement between buyers and sellers.
Don’t change your original plan based on a single number, and definitely don’t use borrowed money to test a hunch.
People often ask what trading volume means. Here’s how I understand it.
A surge in volume usually happens when news is released, a key level is breached, large orders are placed or withdrawn, or liquidations occur en masse.
When volume rises at a high price level but the price barely moves up, this is often called “rising volume with a flat price.” Many people see it as a sign of growing disagreement between buyers and sellers.
Don’t change your original plan based on a single number, and definitely don’t use borrowed money to test a hunch.