Spotted $SPM on Solana making some moves lately. Here's what's happening on the books:
24-hour buying pressure: $53,006 | Selling side: $46,688 Current liquidity sitting near zero | Market cap: $24,930
Buy volume's running a bit hotter than sell pressure right now, which is worth keeping an eye on. The minimal liquidity is something to note though—could mean quick swings either way. If you're looking to check the price action and chart patterns, worth a look to see if it breaks any resistance or keeps consolidating.
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BlockTalk
· 10h ago
Liquidity approaching zero is a bit dangerous, as it can be easily manipulated and dumped.
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ContractBugHunter
· 01-05 08:36
Liquidity is close to zero? That's a minefield. The bid-ask spread is tiny, but slippage can wipe you out.
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MindsetExpander
· 01-05 08:36
Zero liquidity in this situation, entering with a gambler's mindset, right?
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HalfIsEmpty
· 01-05 08:33
Liquidity approaching zero is a bit risky; it's easy to get crushed.
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PhantomHunter
· 01-05 08:32
Playing with liquidity pegging like this? It's easy to get liquidated.
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BtcDailyResearcher
· 01-05 08:27
There is almost no liquidity; this thing moves and it has to run.
Spotted $SPM on Solana making some moves lately. Here's what's happening on the books:
24-hour buying pressure: $53,006 | Selling side: $46,688
Current liquidity sitting near zero | Market cap: $24,930
Buy volume's running a bit hotter than sell pressure right now, which is worth keeping an eye on. The minimal liquidity is something to note though—could mean quick swings either way. If you're looking to check the price action and chart patterns, worth a look to see if it breaks any resistance or keeps consolidating.