🗂️ Data at a glance: $HYPE |Volume up 3.8x in 1 hour|Price down 3.8%
· Definition: Read trading volume alongside candlestick charts: the price level the coin is holding at and the length of its wicks are usually more informative than the volume alone.
· How to read it: When volume increases after a substantial rise but the price barely moves higher, this is often called rising volume with a flat price. Many people see it as a sign of growing disagreement between bulls and bears.
Before trading with leverage, first consider whether you could withstand the worst-case scenario, then see what the signals say.