🔢 Data: $BEAT ｜1-hour volume up 17.9x｜Price up 11.88%
· What it means: When trading volume surges, order book spreads and slippage often widen too, so chasing the move with market orders can come at a hefty cost.
· How to read it: If volume quickly falls back after a single spike, it was probably just a brief burst. Sustained elevated volume is more noteworthy.
Rare data points often come with more dramatic price swings. In these moments, it’s better to reduce leverage than to make a big bet.
· What it means: When trading volume surges, order book spreads and slippage often widen too, so chasing the move with market orders can come at a hefty cost.
· How to read it: If volume quickly falls back after a single spike, it was probably just a brief burst. Sustained elevated volume is more noteworthy.
Rare data points often come with more dramatic price swings. In these moments, it’s better to reduce leverage than to make a big bet.