🧮 Quick data overview: $SNDKB ｜15-minute volume up 14.1×｜Price up 1.2%
· Definition: Changes in volume often show up before price moves, so many people treat a sudden surge in volume as a signal to pay attention to a coin. You still have to wait for price to show which way it’s heading.
· Common interpretation: Whether volume increases during a breakout is often considered one factor in judging whether it’s genuine or a false breakout. A move on declining volume is often more likely to reverse.
Understanding this indicator is about avoiding being misled by a single number, not using it to predict price movements accurately.
#SNDKB
· Definition: Changes in volume often show up before price moves, so many people treat a sudden surge in volume as a signal to pay attention to a coin. You still have to wait for price to show which way it’s heading.
· Common interpretation: Whether volume increases during a breakout is often considered one factor in judging whether it’s genuine or a false breakout. A move on declining volume is often more likely to reverse.
Understanding this indicator is about avoiding being misled by a single number, not using it to predict price movements accurately.
#SNDKB