$PEPE 5-minute trading volume was approximately $10.95 million, 12.6 times the previous average; the price fell 0.37% over the same period.
Guys, what does a surge in volume actually tell us? Here’s the short version 👇
Read volume together with price: the price level and the length of the upper and lower wicks often tell you more than the volume itself.
If volume picks up near a low and the price doesn’t make a new low, some may see it as a sign of buying support—but the following candlesticks still need to confirm it.
It’s easy to learn how to read indicators; the hard part is sticking to your plan when emotions are at their most extreme.
#PEPE
Guys, what does a surge in volume actually tell us? Here’s the short version 👇
Read volume together with price: the price level and the length of the upper and lower wicks often tell you more than the volume itself.
If volume picks up near a low and the price doesn’t make a new low, some may see it as a sign of buying support—but the following candlesticks still need to confirm it.
It’s easy to learn how to read indicators; the hard part is sticking to your plan when emotions are at their most extreme.
#PEPE
