I have never really traded, and when I did try with memecoins, I lost all my capital (about 100$), but I’ve always been interested in the charts and I spotted something sus happening at about 1:30 PM UTC. I asked ChatGPT, and it said it’s spoofing and doesn’t really affect the price too much, but may increase volatility. Apparently, it is market manipulation. Also, it didn’t seem like volume increased at all, like almost no movement (the whole thing was happening for a while before I decided to rec). Anyways, if someone who actually trades can spill some knowledge, that would be great. Thanks.
Here’s a video of it happening live. I believe the numbers on the chart are orders totalling X amount of BTC I’m not sure about that though, I’m new to this platform. https://youtu.be/d74qWlxVPzY
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