$PUMP 5-minute trading volume surged to 12.5 times the average, while the price fell 0.78%.
After a volume surge, I look at three things:
1) Price direction: downward
2) Whether the volume surge continues—one high-volume candle may just be a spike
3) The range of the high-volume candle, which often becomes a key short-term level
Would you follow the move or wait?
After a volume surge, I look at three things:
1) Price direction: downward
2) Whether the volume surge continues—one high-volume candle may just be a spike
3) The range of the high-volume candle, which often becomes a key short-term level
Would you follow the move or wait?