A honeypot token can be bought but cannot be freely sold due to malicious contract logic.
Scammers advertise charts that only go up because exits are blocked.
In research workflows, Honeypot is usually interpreted with Rug pull, Smart contract, and Phishing rather than as a standalone signal. If a flow requires your seed phrase, unlimited approvals, or a brand-new contract with unlocked liquidity, treat it as hostile until proven otherwise.