Market Watch Diary: Trading volume over $SHIB 5 minutes was about $1.14 million, 11.8 times the previous average; prices rose 0.56% over the same period.
A sudden jump in volume only shows that market activity has picked up; it doesn’t prove which side is winning.
On a more serious note, volume is often called the fuel for price movements: for a trend to continue, it generally needs sustained volume to back it up—but that’s a rule of thumb, not a law.
Before looking at what the signals are saying, work out whether you can withstand the worst-case scenario for your leveraged positions.
A sudden jump in volume only shows that market activity has picked up; it doesn’t prove which side is winning.
On a more serious note, volume is often called the fuel for price movements: for a trend to continue, it generally needs sustained volume to back it up—but that’s a rule of thumb, not a law.
Before looking at what the signals are saying, work out whether you can withstand the worst-case scenario for your leveraged positions.