Order book -2%
Buy-side liquidity within -2% of price, key order book depth measure.
Addition of pending amounts in buy orders, at a depth of -2% relative to the current price, on all centralized and decentralized exchange platforms.
This total amount quantifies what is preventing the price from falling by 2%.
If this total is particularly high, in technical analysis this may be a sign that the current price is close to a support level.
If the “Order Book -2%” total is higher than the “Order Book +2%” total, then the price will find it easier to rise than to fall, because there are more buyers than sellers.
Source: coingecko.com
This metric is part of the Liquidity category