$TAC The 5-minute trading volume was about $2.25 million, 5.8 times the previous average; the price fell 3.9% over the same period.
Folks, what does a surge in volume mean? Here’s the short version 👇
Read trading volume alongside the candlestick chart: where the price is, and how long the upper and lower wicks are, are usually more informative than volume alone.
When volume surges at a low price but the price doesn’t keep falling, some people see it as a sign of buyers stepping in—but that still needs to be confirmed by what happens next.
Understanding this indicator helps you avoid being misled by a single number; it’s not for predicting whether prices will rise or fall.
#TAC
Folks, what does a surge in volume mean? Here’s the short version 👇
Read trading volume alongside the candlestick chart: where the price is, and how long the upper and lower wicks are, are usually more informative than volume alone.
When volume surges at a low price but the price doesn’t keep falling, some people see it as a sign of buyers stepping in—but that still needs to be confirmed by what happens next.
Understanding this indicator helps you avoid being misled by a single number; it’s not for predicting whether prices will rise or fall.
#TAC
