$UNI The 15-minute trading volume was about $4.29 million, 5.4 times the previous average; the price rose 1% over the same period.
Let’s use this figure to break down the volume spike.
Minute-level volume spikes can be noisy. A large volume bar on a single candle may simply reflect a cluster of trades; several consecutive candles with elevated volume are more convincing.
I treat a volume spike as a signal to watch, not a reason to place an order immediately. I’ll wait for the candlesticks to confirm the direction.
Don’t let any one number disrupt your plan, and never borrow money to test a hunch.
#UNI
Let’s use this figure to break down the volume spike.
Minute-level volume spikes can be noisy. A large volume bar on a single candle may simply reflect a cluster of trades; several consecutive candles with elevated volume are more convincing.
I treat a volume spike as a signal to watch, not a reason to place an order immediately. I’ll wait for the candlesticks to confirm the direction.
Don’t let any one number disrupt your plan, and never borrow money to test a hunch.
#UNI
