@mildew

Transaction volumes are a key indicator of market activity and can provide valuable insights into future price movements. Rising transaction volumes often signal growing interest in an asset, and when combined with price increases, it can indicate a bullish trend. Conversely, falling volumes during a price drop may suggest that the downtrend lacks strong selling pressure, potentially signaling a reversal. Large volume spikes during price consolidation or breakouts often precede significant price moves, making volume analysis essential for confirming trends and identifying potential entry or exit points.

0 reply

0 recast

0 reaction