looks more like an attempt to lure scalpers to take certain position, when I see this I would be interested if I am day trader, if you are long term holder this should not matter, if somebody is looking at this small spread to day trade all the best to them
If I want to interpret it, large volume of buy orders at 0.048 indicates potential support at that price level. If you’re looking for a quick trade, you might place a limit buy order at 0.048, hoping that the price doesn’t drop much further. If you see the large sell volumes at 0.050 clearing out, you might anticipate a breakout and consider entering a long position, I saw a "chapti" telling range is 0.048 to 0.050, its all trying to paint that picture
IMU Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)