$GRASS Rallied nearly 30 points, but the trading value was only 39M.
With this volume, it wouldn’t even cause a ripple among the top ten. I’m not trying to pour cold water—just look at the order book yourselves. 0.5693 was touched and it instantly lost steam; sell orders above are so thin they look like a convenience store at 4 a.m. A real trend starting up won’t produce this kind of slope with just this amount of money.
I suspect a few addresses are setting up a scheme during low-liquidity periods. That low at 0.4363—stabbed down into it. Whoever gets the bag knows exactly what’s going on.
The key is here: whether it can hold above 0.55 with volume. If in the next two days the volume keeps shrinking at this level, then this move is meant for unloading to early holders. Same old script: spike up and then fade. I’ve seen it too many times.
If 0.52 breaks, don’t talk to me about support.
If you don’t already have it, don’t chase.
With this volume, it wouldn’t even cause a ripple among the top ten. I’m not trying to pour cold water—just look at the order book yourselves. 0.5693 was touched and it instantly lost steam; sell orders above are so thin they look like a convenience store at 4 a.m. A real trend starting up won’t produce this kind of slope with just this amount of money.
I suspect a few addresses are setting up a scheme during low-liquidity periods. That low at 0.4363—stabbed down into it. Whoever gets the bag knows exactly what’s going on.
The key is here: whether it can hold above 0.55 with volume. If in the next two days the volume keeps shrinking at this level, then this move is meant for unloading to early holders. Same old script: spike up and then fade. I’ve seen it too many times.
If 0.52 breaks, don’t talk to me about support.
If you don’t already have it, don’t chase.