🧭 Data: $HYPE ｜Trading volume up 4.2× in 1 hour｜Price down 1.83%
· What it means: A surge in volume over a short period can be noisy. High volume in one or two candlesticks may simply reflect a single burst of concentrated trading; sustained high volume over a longer period is more convincing.
· How to read it: I treat a surge in volume as a reminder to pay attention, not as a reason to act immediately. Let the candlesticks show you the direction.
Don't place orders during the most volatile few minutes. Wait for the price to settle before taking another look.
· What it means: A surge in volume over a short period can be noisy. High volume in one or two candlesticks may simply reflect a single burst of concentrated trading; sustained high volume over a longer period is more convincing.
· How to read it: I treat a surge in volume as a reminder to pay attention, not as a reason to act immediately. Let the candlesticks show you the direction.
Don't place orders during the most volatile few minutes. Wait for the price to settle before taking another look.
