Looking at BONK's long and short pattern is quite interesting. On Orca, the resistance and support ratio reached 9:1, but Meteora is much more balanced, with relatively equal long and short forces.

However, the real story lies in on-chain matching trades—centralized exchanges directly dominate DEXs, with a staggering 4:1 ratio that is simply not comparable. The most extreme example is at the price level of 0.000024, where a $31 million order is stacked there, doubling previous levels. With such a large order sitting there, short-term breakout difficulty can be imagined. CEX liquidity concentration far exceeds the combined liquidity of all on-chain trading pairs, and market depth is entirely dominated by centralized platforms.