🔢 Latest data: $MEW ｜1-hour trading volume up 80.6×｜price up 5.5%
· Meaning: A surge in trading volume over a short period can often be an anomaly. A single candlestick showing a volume spike may simply reflect one large, concentrated trade. A sustained increase in volume over time is more meaningful.
· How to read it: Whether trading volume increases during a breakout is often considered one factor in judging whether it is genuine or false—a breakout on low volume is more likely to fail.
Indicators can be inaccurate, but risk management is essential: planning in advance how to respond if your judgment is wrong matters more than trying to guess correctly.
#MEW
· Meaning: A surge in trading volume over a short period can often be an anomaly. A single candlestick showing a volume spike may simply reflect one large, concentrated trade. A sustained increase in volume over time is more meaningful.
· How to read it: Whether trading volume increases during a breakout is often considered one factor in judging whether it is genuine or false—a breakout on low volume is more likely to fail.
Indicators can be inaccurate, but risk management is essential: planning in advance how to respond if your judgment is wrong matters more than trying to guess correctly.
#MEW