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.
SOL-0,3%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
BlockTalkvip
· 10h ago
Liquidity approaching zero is a bit dangerous, as it can be easily manipulated and dumped.
View OriginalReply0
ContractBugHuntervip
· 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.
View OriginalReply0
MindsetExpandervip
· 01-05 08:36
Zero liquidity in this situation, entering with a gambler's mindset, right?
View OriginalReply0
HalfIsEmptyvip
· 01-05 08:33
Liquidity approaching zero is a bit risky; it's easy to get crushed.
View OriginalReply0
PhantomHuntervip
· 01-05 08:32
Playing with liquidity pegging like this? It's easy to get liquidated.
View OriginalReply0
BtcDailyResearchervip
· 01-05 08:27
There is almost no liquidity; this thing moves and it has to run.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)