What is #Spoofing ?
Manipulation where big players create fake buy/sell orders to trick traders and move the price in their favor. Classic example:
🐋 A bot places a sale of 1,000 BTC at $30k on the book → Traders panic and sell → Price drops → Fake order disappears → Manipulator buys BTC cheap!
🚨 How to Identify Spoofing on Binance (App):
1️⃣ Monitor the Order Book
Where to Find It:
On the asset screen (e.g.: BTC/USDT), click on "Orders" → Below the chart, see the buy/sell orders (Bids/Asks).
Suspicious Signs:
📉 Giant walls that appear and disappear before the price reaches them.
🔄 Multiple large orders at close levels with no real volume (e.g. 10 orders of 100 BTC in a row).
2️⃣ Depth Chart
Where to Find It:
On the asset screen, click on "More" → Select "Depth Chart".
Spoofing Pattern:
💡 If there is an abnormal concentration of selling/buying at a specific level without a clear reason (e.g. news or technical data such as price support and resistance), be suspicious!
3️⃣ Analyze Real Volume
Where to See It:
On the main chart, activate the Volume indicator (tap on "Indicators" → Search for "VOL").
Also see the money volume charts, which only show executed orders.
Red Flag:
📊 If the price is falling/rising fast but the volume is low → It could be spoofing without real liquidity!
4️⃣ Check the Trade History
Where to Find It:
Scroll down on the asset screen and look at the "Recent Trades" list.
Alert:
⚠️ Lots of small orders executed while a large wall persists? It's probably a facade!
🛡️ Tips to Protect Yourself:
1️⃣ Don't React to Panic: confirm with volume and news before acting!
2️⃣ Use Fair Stop-Loss: Place stops outside of obvious zones (*e.g.: below real technical supports*).
3️⃣ Enable Price Alerts: Tap the bell icon 🔔 at the top of the asset screen to be notified if the price reaches critical levels!