$ONDO 5 Minute-level trading volume was approximately $2.13 million, 8.9 times the previous average; the price fell 0.51% over the same period.
When trading volume surges, many people instinctively assume money is flowing in, but it’s not that simple.
Minute-level volume spikes can be noisy. A large trade on one or two candlesticks may simply be a single concentrated transaction; several consecutive high-volume candlesticks are more informative.
Cross-checking multiple data points is more reliable than looking at just one, but even more signals still can’t provide a definitive conclusion.
Just sharing some thoughts—make your own decisions about buying and selling.
When trading volume surges, many people instinctively assume money is flowing in, but it’s not that simple.
Minute-level volume spikes can be noisy. A large trade on one or two candlesticks may simply be a single concentrated transaction; several consecutive high-volume candlesticks are more informative.
Cross-checking multiple data points is more reliable than looking at just one, but even more signals still can’t provide a definitive conclusion.
Just sharing some thoughts—make your own decisions about buying and selling.
