$BULLA ｜1-hour trading volume surged 12.8x｜Price rose 0.72%
Before looking at positions, first understand trading volume.
Multiples are relative: for a coin that usually trades lightly, even a several-fold increase may be due to just one or two large orders; the same increase in a major coin is much rarer.
After a volume spike, if volume quickly drops back, it’s often just a brief flurry of activity. What’s more noteworthy is when trading volume stays elevated.
It’s safer to look for multiple data points that confirm one another than to focus on just one, but even a wealth of signals can’t provide a definitive answer.
#BULLA
Before looking at positions, first understand trading volume.
Multiples are relative: for a coin that usually trades lightly, even a several-fold increase may be due to just one or two large orders; the same increase in a major coin is much rarer.
After a volume spike, if volume quickly drops back, it’s often just a brief flurry of activity. What’s more noteworthy is when trading volume stays elevated.
It’s safer to look for multiple data points that confirm one another than to focus on just one, but even a wealth of signals can’t provide a definitive answer.
#BULLA