❗️ $ACT 1's hourly volume is picking up, up 3.7x 🔥
Hold on—first, let's understand what a volume surge means 👇
Changes in volume often show up before price movements, so many people treat unusual volume as a cue to pay attention to a coin. Which way it goes depends on how the price develops.
Whether volume expands during a breakout is often used to help distinguish a genuine breakout from a fake one: breakouts without volume are more likely to fail.
Sizing your order by working backward from where you'd place your stop-loss is much more reliable than guessing your position size.
The data comes from public sources; be sure to verify it yourself.
Hold on—first, let's understand what a volume surge means 👇
Changes in volume often show up before price movements, so many people treat unusual volume as a cue to pay attention to a coin. Which way it goes depends on how the price develops.
Whether volume expands during a breakout is often used to help distinguish a genuine breakout from a fake one: breakouts without volume are more likely to fail.
Sizing your order by working backward from where you'd place your stop-loss is much more reliable than guessing your position size.
The data comes from public sources; be sure to verify it yourself.