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$ONT Just one candle earlier, it exploded from 0.082 with 61.1M volume up to 0.0876, nearly a 7% increase—resulting in the previous candle closing and pulling back to 0.0873, with volume dropping straight from 61.1M to 4.6M.
The key is the fee rate +0.0050%, longs are still paying protection fees to shorts, and the market maker pushed from 0.08 to 0.089—how much did they have to pay to do that? After the volume spike and quick rise, it immediately slowed down and stagnated, a typical volume-induced trap 💸
Look, the price rose 17% over 24 hours but the fee rate is still positive, meaning the market maker is paying shorts every 15 minutes during this pump. Sister, do some quick math: that previous volume spike broke through 0.087, now volume is starting to fade—if it continues to shrink and drops below 0.085, I’ll add to my position; if it volume surges and breaks 0.09, that’s the market maker’s final frenzy.
Sister is watching around 0.086, if it breaks 0.088, she’ll just admit defeat; if it drops below 0.083 with decreasing volume, that’s when the market maker has collected enough and is ready to withdraw 🎯