🐋 $IDOL 15-minute trading volume was approximately $3.08 million, 6.4 times its previous average; during the same period, the price fell 10.7%.
When volume picks up, many people instinctively assume money is flowing in, but that isn’t necessarily the case.
Multiples are relative: for coins that usually trade little, a several-fold increase may be caused by just one or two large orders; the same increase in volume for a top coin is much less common.
Leave sufficient margin for your futures positions; don’t let a single wick liquidate your position.
#IDOL
This content is for reference only. Trade at your own discretion.
When volume picks up, many people instinctively assume money is flowing in, but that isn’t necessarily the case.
Multiples are relative: for coins that usually trade little, a several-fold increase may be caused by just one or two large orders; the same increase in volume for a top coin is much less common.
Leave sufficient margin for your futures positions; don’t let a single wick liquidate your position.
#IDOL
This content is for reference only. Trade at your own discretion.