$ONDO 15-minute volume surged 5.7x, down 2.77%, with the current price at 0.3793.
A surge in volume isn't necessarily a good thing. If volume surges at a high but the price can't rise, be wary that someone may be distributing.
Structurally, this move should be assessed alongside the daily chart structure; anomalies on shorter timeframes can easily reverse.
A surge in volume isn't necessarily a good thing. If volume surges at a high but the price can't rise, be wary that someone may be distributing.
Structurally, this move should be assessed alongside the daily chart structure; anomalies on shorter timeframes can easily reverse.
