📌 Latest data: $WET | 1-hour trading volume up 40.2x | price up 18.78%
· Definition: Multiples are relative: for a usually quiet coin, even a several-fold increase in volume may come from just a few large trades; the same increase is much rarer for a leading coin.
· How to read it: A price rise on increased volume is often seen as having buying support, while a price drop on increased volume is often interpreted as stronger selling pressure—but these are only rules of thumb.
The same reading can mean completely different things in different market conditions, so don’t apply any single rule blindly.
Personal notes, not trading advice.
· Definition: Multiples are relative: for a usually quiet coin, even a several-fold increase in volume may come from just a few large trades; the same increase is much rarer for a leading coin.
· How to read it: A price rise on increased volume is often seen as having buying support, while a price drop on increased volume is often interpreted as stronger selling pressure—but these are only rules of thumb.
The same reading can mean completely different things in different market conditions, so don’t apply any single rule blindly.
Personal notes, not trading advice.
