$DOOD 1-hour volume spike anomaly: trading value was 12.7 times the average ($5.8 million), while the price rose 6.77% over the same period.
Rising volume alongside rising prices is a fairly standard bullish signal. The key is whether price and volume can continue rising together; if volume fails to keep up, the risk of a pullback after the rally increases.
Rising volume alongside rising prices is a fairly standard bullish signal. The key is whether price and volume can continue rising together; if volume fails to keep up, the risk of a pullback after the rally increases.