📐 Data: $SAND ｜1-hour trading volume surged 3.6x｜price rose 3.08%
· Meaning: When trading volume surges, the bid-ask spread and slippage often widen too, so chasing the price with market orders can cost more.
· How to read it: Don’t follow the move just because volume is up. Surging volume often coincides with the highest volatility, so reducing your position size is usually safer.
Before using leverage, first work out whether you can withstand the worst-case scenario, then consider what the signals indicate.
#SAND
· Meaning: When trading volume surges, the bid-ask spread and slippage often widen too, so chasing the price with market orders can cost more.
· How to read it: Don’t follow the move just because volume is up. Surging volume often coincides with the highest volatility, so reducing your position size is usually safer.
Before using leverage, first work out whether you can withstand the worst-case scenario, then consider what the signals indicate.
#SAND