$DODOX ｜Volume surged 6× in 1 hour｜Price rose 9.65%
What does a surge in volume mean? When volume surges, the bid-ask spread and slippage often widen, so chasing the market with a market order usually costs more.
After a one-off volume spike, if trading volume quickly falls back, it was probably just a brief flurry of activity. Sustained elevated volume is more worth paying attention to.
Don't place orders during the fastest few minutes of market action. Wait for the candlestick to close before deciding.
Markets involve risk; enter with caution.
What does a surge in volume mean? When volume surges, the bid-ask spread and slippage often widen, so chasing the market with a market order usually costs more.
After a one-off volume spike, if trading volume quickly falls back, it was probably just a brief flurry of activity. Sustained elevated volume is more worth paying attention to.
Don't place orders during the fastest few minutes of market action. Wait for the candlestick to close before deciding.
Markets involve risk; enter with caution.
