๐ $IDOL 1-hour trading volume was approximately $19.34 million, 3.7 times the previous average; the price rose 6.68% over the same period.
When trading picks up, many people instinctively assume that money is flowing in, but that isn't necessarily the case.
Every trade has both a buyer and a seller, so higher volume alone doesn't mean there are more buyers or that money is flowing inโit only means that assets are changing hands more frequently.
Comparing several indicators is more reliable than looking at just one, but even more signals can't provide a definitive conclusion.
#IDOL
When trading picks up, many people instinctively assume that money is flowing in, but that isn't necessarily the case.
Every trade has both a buyer and a seller, so higher volume alone doesn't mean there are more buyers or that money is flowing inโit only means that assets are changing hands more frequently.
Comparing several indicators is more reliable than looking at just one, but even more signals can't provide a definitive conclusion.
#IDOL