What is Volume in Trading? – A Beginner’s Guide on Binance 🤑🔥
Volume in trading refers to the total number of assets (like crypto coins) traded during a specific time frame. It shows how active a coin or token is in the market.
Why Volume Matters:
High Volume = Strong Interest: More traders are buying or selling, often signaling big moves.
Low Volume = Weak Activity: Less participation, meaning price moves may be unstable or fake.
Volume Confirms Trends: A price breakout with high volume is more likely to be real and sustainable.
Helps Spot Reversals: Sudden volume spikes at support/resistance often hint at major turning points.
Always pair volume analysis with price action for smarter trades. On Binance, volume is one of the most powerful tools to read market strength and direction.