Sometimes I wonder if a coin like $TRAC will trade a bit differently than we’re used to because of its relatively unique characteristics. With zero exposure to leverage or perps, and zero inflationary emissions, I would assume the liquidity dynamics are going to be a bit different for this token than most that I typically trade. Its holder base (I would assume) is also primarily mid to long term holders rather than short term traders due to the lack of venues to actively trade it on using leverage/perps. I wonder if the “liquidity sweeps” that we are used to seeing on perp markets will be less prevalent on $TRAC because of the lack of leverage build up on both the upside and the downside that we typically see with leveraged assets. Will be interesting to see over time as more PA develops.
Nice move up off of our LTF green zone, now want to see ORANGE held for continuation higher. Lose it and the higher TF zone at .40-.57 comes back into play. $TRAC
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