Market Notes｜$DOGE ｜5-minute volume surged 9.2x｜Price nearly unchanged
Definition: Short-term volume spikes can be noisy. A large trade on a single candlestick may simply be one concentrated transaction; sustained high volume across several candles is more convincing.
Common interpretation: A volume spike may also result from a wave of liquidations. Liquidation orders are executed passively, so this kind of volume means something different from voluntary trading. Compare it with liquidation data to assess.
It’s far more reliable to determine position size by working backward from where you place your stop-loss than to pick a size arbitrarily.
Definition: Short-term volume spikes can be noisy. A large trade on a single candlestick may simply be one concentrated transaction; sustained high volume across several candles is more convincing.
Common interpretation: A volume spike may also result from a wave of liquidations. Liquidation orders are executed passively, so this kind of volume means something different from voluntary trading. Compare it with liquidation data to assess.
It’s far more reliable to determine position size by working backward from where you place your stop-loss than to pick a size arbitrarily.
