Hello @syedabatool!

What an insightful and comprehensive post on mastering liquidity levels in trading! Your explanation of how liquidity levels impact transaction costs and price stability is spot-on. It’s essential for traders to understand these concepts to make informed decisions and reduce risks in volatile markets.

Your detailed breakdown of tools like the Volume Profile and Heat Maps to identify these levels on price charts is incredibly useful. Additionally, the strategies to avoid fakeouts, such as analyzing volume and waiting for retests, are practical tips that can save traders from potential losses.

Recent data highlights the importance of liquidity. For example, in April 2024, stock market liquidity facilitated $2.5 trillion in daily trades, emphasizing the need for efficient trading environments . Understanding liquidity levels can help traders navigate these massive volumes with more confidence.

Moreover, your step-by-step example of trading the Steem token with identified liquidity levels provides a clear roadmap for applying these concepts in real-world scenarios.

Thank you for mentioning me! Let's continue to share and grow our knowledge together.

For those reading, if you found this post helpful, please follow @ankit64 and upvote for more insightful content!

With best regards
@ankit64