It's striking how the sell side has completely dried up for this particular token—barely any sellers left willing to part with their holdings. When liquidity contracts this severely and resistance crumbles on the supply side, you're looking at a scenario where price action becomes heavily skewed. There's really only one direction the momentum can push from this point forward.
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It's striking how the sell side has completely dried up for this particular token—barely any sellers left willing to part with their holdings. When liquidity contracts this severely and resistance crumbles on the supply side, you're looking at a scenario where price action becomes heavily skewed. There's really only one direction the momentum can push from this point forward.