As you probably know already: The market is extremely bullish today. DTNUSDC is up 400% today? Also, most of defi has seen big gains of 20-30%. However, UMAUSD has been a sleeper. The volume is extremely low.
This could be seen two ways:
A) Low volume means little interest since UMA has had a history of failed pumps.
B) Low volume means the whales are waiting for a higher price confirmation/more buying pressure before entering.
Also side note: Just a little bit of manipulation I noticed. Both of those volume bars were BUY orders. Notice how they make it appear that it was a sell order, and then sell a small amount afterwards to drive price down.
This could be seen two ways:
A) Low volume means little interest since UMA has had a history of failed pumps.
B) Low volume means the whales are waiting for a higher price confirmation/more buying pressure before entering.
Also side note: Just a little bit of manipulation I noticed. Both of those volume bars were BUY orders. Notice how they make it appear that it was a sell order, and then sell a small amount afterwards to drive price down.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.