$DATA is suited for long term trades. Long or short positions. Keep seeing scalp trades that imo with such a low volume don’t make sense.
Let’s dive in. Roughly 400k of DATA moves price for 2%. Up or down. That’s $20k. If we take multiple traders into account and trade fees, it leave very little room for profit.
My suggestion is to be patient in whatever sentiment you think is right. It has a potential to become new $PHA and a history of 6x ATH.
Cheers $BTC