The $STBL 1-hour trading volume was approximately $8.43 million, 16.5 times the previous average; prices fell 9.3% over the same period.
Let’s use this figure to talk about trading volume.
A surge in trading volume often occurs when news breaks, a key price level is breached, large orders are filled, or mass liquidations take place.
After a one-off spike in volume, if it quickly drops back, the burst is often just a brief flurry of activity. Sustained high volume is what’s more worth watching.
Unusually high readings usually come with more volatile price swings. At times like these, it’s better to reduce leverage than to make a big bet.
#STBL
Let’s use this figure to talk about trading volume.
A surge in trading volume often occurs when news breaks, a key price level is breached, large orders are filled, or mass liquidations take place.
After a one-off spike in volume, if it quickly drops back, the burst is often just a brief flurry of activity. Sustained high volume is what’s more worth watching.
Unusually high readings usually come with more volatile price swings. At times like these, it’s better to reduce leverage than to make a big bet.
#STBL