$DOGE 1 5-minute trading volume surged to 5.6 times the average, with the price down 0.96%.
After a surge in volume, there are generally three things to watch:
1) Direction of the price movement: downward
2) Whether the volume can remain elevated; a single volume spike is often a one-off
3) The range of the high-volume candlestick, which usually becomes a key short-term level
Are you bullish or bearish in the short term?
After a surge in volume, there are generally three things to watch:
1) Direction of the price movement: downward
2) Whether the volume can remain elevated; a single volume spike is often a one-off
3) The range of the high-volume candlestick, which usually becomes a key short-term level
Are you bullish or bearish in the short term?
