🗂️ $IDOL 1-hour trading volume was approximately $30.77 million, 8.7 times the previous average; the price fell 32.85% over the same period.
[Term explainer] What does a surge in volume actually indicate?
Trading volume is often compared to fuel for market movements: trends generally need trading volume to keep up in order to continue, but this is a rule of thumb, not a law.
Don't chase a trade at the moment volatility is at its highest; wait for the price action to play out before taking a look.
[Term explainer] What does a surge in volume actually indicate?
Trading volume is often compared to fuel for market movements: trends generally need trading volume to keep up in order to continue, but this is a rule of thumb, not a law.
Don't chase a trade at the moment volatility is at its highest; wait for the price action to play out before taking a look.
