You saw the setup. You entered the trade. But price broke through.
The “order book” looked strong—but it was fake.
Here’s what most traders don’t know about it.
The order book is where all visible limit orders are placed—bids (buyers) below the current price and asks (sellers) above it. It seems like a map of buyer and seller strength, but it’s not always honest.
Here’s the catch:
Not all orders are real. In volatile markets, especially on low-liquidity tokens, many large walls are just spoofing—fake orders meant to mislead.
A common trap: You see a massive buy wall and go long. But as price approaches it, the wall disappears. That’s because market makers use fake size to bait traders, then pull their orders right before execution.
Also remember: Charts show executed trades. Order books show intent. Just because a level looks strong doesn’t mean it will hold when tested.
Understanding the difference between liquidity and deception is what separates novice trades from seasoned execution.
