You are viewing a single comment's thread from:RE: LeoThread 2025-06-08 09:43View the full contextonealfa (76)in LeoFinance • 4 months ago What this asymetry tells us ?
No one is buying?
These sellers think that
Everyone is saying that the Leo Coin prize will be high, so they are assuming that it will have the opposite effect.
I think these sellers are News Traders.
The adage "buy the rumor, sell the news" recognizes that rumors have one effect on a security's price and news can have the opposite effect.
News traders focus on trading in the time leading up to the news or immediately after, when the market is still reacting to the news.
The sell pressure is high af and there is nearly no one buying.
Sell pressure is higher than buy pressure. With first wall around 0.12 hive and second around 0.16 hive. We'll break these walls!
imminent rally
It tells us one thing loud and clear:
Sellers are stacked. Buyers are cautious.
The asymmetry shows the wall of sell orders vs a thin buy-side, classic setup before either:
It's interesting to see who the sellers are, one in particular is interesting
@inleo.voter doesn't believe in the growth of $LEO apparently
THat we had more sellers than buyers ??
THey are the reason why the price have refused to pump the way it ought to.
.
ThaT there is no fair balance between demand and supply
VEry high supply compared to very less demand
ALot of dumping happened