$XMR 1-hour trading volume was approximately $5.64 million, 3.5 times the previous average; the price rose 2.32% over the same period.
Let's use this figure to talk about trading volume.
When volume surges, order-book spreads and slippage often widen, making market orders more costly to enter or exit with.
Don't chase a move just because volume is several times higher. Surges usually happen during periods of heightened volatility, so using less leverage is a safer approach.
Learning to read indicators isn't hard; the real challenge is sticking to your plan when market conditions are extreme.
Markets involve risk. Trade with caution.
Let's use this figure to talk about trading volume.
When volume surges, order-book spreads and slippage often widen, making market orders more costly to enter or exit with.
Don't chase a move just because volume is several times higher. Surges usually happen during periods of heightened volatility, so using less leverage is a safer approach.
Learning to read indicators isn't hard; the real challenge is sticking to your plan when market conditions are extreme.
Markets involve risk. Trade with caution.