$PUMP 5The 15-minute trading volume was about $2.31 million, 12.5 times the previous average; the price fell 0.78% over the same period.
Let’s use this figure to talk about a surge in trading volume.
Every trade has both a buyer and a seller, so a surge in volume doesn’t in itself mean there are more buyers or that money is flowing in—it just means more frequent turnover.
I treat unusual trading volume as a signal to pay attention to, not a reason to place an order immediately. I let the candlesticks confirm the direction.
Don’t place an order during the sharpest move. Wait for the candlestick to settle before deciding.
#PUMP
Let’s use this figure to talk about a surge in trading volume.
Every trade has both a buyer and a seller, so a surge in volume doesn’t in itself mean there are more buyers or that money is flowing in—it just means more frequent turnover.
I treat unusual trading volume as a signal to pay attention to, not a reason to place an order immediately. I let the candlesticks confirm the direction.
Don’t place an order during the sharpest move. Wait for the candlestick to settle before deciding.
#PUMP