Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Significant Price Declines: The primary SOLENG token pairs show price decreases in the 24h period ranging from -11% to -15%, indicating bearish trends despite short-term price positivity in specific smaller timeframes.
    2. High Trading Risk: SOLENG exhibits imbalanced trading patterns with notably higher sell pressure (e.g., 394 sells vs. 351 buys on Raydium in 24h).
    3. Low Volume in Certain Pools: Key liquidity pools like Orca and ai16z have minimal trading volume over the past 24h (e.g., $0.02 and <$1 in volumes, respectively), making them weak for reliable entry points.

DETAILED ANALYSIS:

  1. Token Information:

    • Name: SOLENG
    • Chain: Solana
    • Top DEXs: Raydium, Meteora, Orca
    • Current Price: ~$0.00789 to $0.00829 (depending on DEX)
    • Market Cap: ~$7.8M to $8.2M (across pools analyzed)

  2. Timeframe Analysis:

    Raydium (SOL Pair):

    • 5m: +6.13% | Volume: $10,845.38 | Buys/Sells: 1/4
    • 1h: +6.9% | Volume: $57,226.20 | Buys/Sells: 32/27
    • 6h: -12.66% | Volume: $141,393.11 | Buys/Sells: 128/103
    • 24h: -15.03% | Volume: $344,505.75 | Buys/Sells: 351/394

    Meteora (SOL Pair):

    • 5m: +5.37% | Volume: $29.81 | Buys/Sells: 1/0
    • 1h: +5.88% | Volume: $93.93 | Buys/Sells: 3/3
    • 6h: -14.32% | Volume: $353.71 | Buys/Sells: 7/15
    • 24h: -11.69% | Volume: $1,167.38 | Buys/Sells: 37/31

    Orca (Gen Z Quant Pair):

    • 5m: (No activity) | Volume: $0 | Buys/Sells: 0/0
    • 1h: (No activity) | Volume: $0 | Buys/Sells: 0/0
    • 6h: (One-sided sell) – Volume: $0.97 | Buys/Sells: 0/1
    • 24h: Volume: $0.97 | Buys/Sells: 0/1

  3. Risk Assessment:

  • Price Volatility: MEDIUM – 24h price change < -20% across key SOL pairs.
  • Market Cap Risk: LOW – All pools analyzed have market caps comfortably above $100,000.
  • Trading Pattern Risk: HIGH – Imbalanced buy/sell ratios (e.g., 47.1% buy ratio on Raydium 24h trades).
  • Project Risk: LOW – The project demonstrates a legitimate presence with a functional website and active social media links.

  1. Trading Metrics:

    • Buy vs Sell Pressure:
      • Raydium (SOL Pair):
        • 24h Buy Ratio: ~47.1% (351/(351+394))
        • 6h Buy Ratio: ~55.4% (128/(128+103))
        • 1h Buy Ratio: ~54.2% (32/(32+27))
      • Meteora (SOL Pair):
        • 24h Buy Ratio: ~54.4% (37/(37+31))
        • 6h Buy Ratio: ~31.8% (7/(7+15))
        • 1h Buy Ratio: ~50.0% (3/(3+3))
    • Volume Analysis:
      • 24h Volume: $344,505.75 (Raydium) | $1,167.38 (Meteora) | $0.97 (Orca)
      • 6h Volume: $141,393.11 (Raydium) | $353.71 (Meteora) | $0.97 (Orca)
      • 1h Volume: $57,226.20 (Raydium) | $93.93 (Meteora) | $0 (Orca)

  2. Critical Risk Factors:

    • Persistently Bearish Sentiment: Multi-timeframe data shows consistent negative performance (11-15% declines in 24h), indicating diminished confidence in SOLENG.
    • Varying Liquidity Depths: While liquidity on the primary Raydium pool is strong, secondary pools (Orca, Meteora, ai16z) show inadequate liquidity and extremely low volumes.
    • Low 24h Buy Ratios: On multiple pools, sell pressure dominates buy transactions, suggesting waning demand.
    • Concentrated Pools: Dependence on Raydium for liquidity may amplify volatility risks.

Conclusion:
SOLENG is struggling with price stabilization and sell-side market dominance while facing sporadic trading volumes on secondary pools. Despite a legitimate project presence and a medium market cap, the high trading risks and negative price momentum deter investment at present. Thus, an "AVOID" recommendation is prudent.

Dex