Looking at $KITE through trading volume: up 13.4% over 24h, with a trading volume of 1,728,972 USDT.

A simple rule of thumb: when prices rise, trading volume should keep pace; a rise on declining volume usually doesn’t go far. When prices fall, a rapid drop in trading volume indicates that selling pressure is easing. Use trading volume to check whether price moves are genuine—it can filter out a lot of noise.

Do you agree with this rule of thumb? #KITE

For discussion purposes only; this is not investment advice.