Order books are the true reflection of the market; many people overcomplicate them. Today, I’ll use the example of LRC to break it down for everyone. After watching, you'll understand.

Simply put, the order book is a battle of strength between buyers and sellers. The red area represents sell orders, where they want to sell at this price. The green area represents buy orders, where buyers are waiting to purchase. These two forces constantly clash, causing the price to fluctuate during the process.

The key to reading the order book is to find the "walls." The green wall is the support level, such as where LRC has a large accumulation of orders at 0.05960 and 0.05950 (specifically 320K and 264K tokens), which is strong support. If the price drops here, it usually bounces back. Conversely, the red wall at 0.06250 (with 210K tokens) is a resistance level; the price must break through this barrier for an upward move.

What I want to say is that the order book isn’t some mysterious thing; it’s just a map. Each line shows the price, the amount of tokens at that price, and the cumulative volume (represented by a colored bar). The longer the bar, the more chips are stacked at that price level.

How to use it in practice? First, identify obvious green and red walls in the order book. Then, set a take-profit slightly above the red wall and a stop-loss slightly below the green wall. But be careful—big players often pile large buy orders at the green wall to deceive retail traders, then suddenly cancel orders to cause a sharp drop. This is what’s commonly called "spoofing."

Recently, JELLYJELLY rose 0.97%, and LIGHT fell 0.44%. These fluctuations can be seen clues in the order book. The order book reveals where the whales are, and where the real support and resistance levels are. Instead of blindly guessing with candlestick charts, learning to read the order book is the real skill in trading. Do you usually check the order book when you trade?