Dessa (DESSA) Fell 22.6%, With No Elevated Risk Indicators Detected
Volatility Event
Dessa (DESSA) traded between $0.01226 and $0.00950 during the last hour, with a turnover of approximately $318,834. This indicates a significant price movement, reflecting a 22.6% decrease within that timeframe, while maintaining a normal turnover rate.
What The Risk Data Shows
24h volume is 4.8x liquidity, a normal turnover rate. Liquidity is 2.7% of market cap, close to the 2.1% typical at this size. $321,930 of liquidity is adequate for ordinary position sizes, though not deep. The pair is 7 days old, with an established trading history. The overall risk band is Low.
Trading Conditions
In the last hour, there were 1,349 buy transactions and 955 sell transactions, indicating a roughly balanced order flow. The balance suggests that market participants are engaging in trading activity without significant bias towards buying or selling.
Liquidity Context
The liquidity figure stands at $321,930, which implies adequate support for ordinary trading activities. However, the depth is not substantial, indicating potential challenges for larger trades.
Why This Was Flagged
- Price moved 22.6% in one hour (threshold: 15%)
- One-hour volume of $318,834 (threshold: $25,000)
- 2,304 trades in the last hour (threshold: 100)
- $321,930 of liquidity (threshold: $50,000)
- $12,010,449 market cap (threshold: $250,000)
- Trading pair 7 days old (threshold: 15 minutes)
Risk Note
This article is not financial advice.