Token hit 50% in the first hour on a brief $20K volume spike five minutes ago, but momentum has completely evaporated—conviction dropped from 60 to 29, and the tape shows zero flow over the last 15 minutes.

Liquidity is nonexistent ($0), volatility is extreme, and this looks like a dead-cat bounce after early euphoria. The swaps are too thin to trust—only 2 trades in the last hour across a volatile move signals weak hands and no staying power.

Don't chase it. If flow actually returns and holds above zero across multiple windows while price stabilizes, that's worth a glance. Right now it's just noise on a ghost order book.