🚨 The $HBAR 5-minute trading volume has surged, 11.1x🔥
Don’t rush to get carried away—understand the volume spike first 👇
To read a volume spike, look at it alongside the candlestick: where the price closes and how long the wicks are often tell you more than the trading volume itself.
A price rise on increased volume is often interpreted as buying activity supporting the rise, while a drop on increased volume is commonly seen as heavier selling pressure. But these are just rules of thumb.
All data only describes what has already happened; the market could just as easily move in the opposite direction.