The on-chain market for $SERAPH is undergoing a significant correction on the 4-hour chart following a recent aggressive vertical expansion. After skyrocketing to a local peak of 0.0088300, the token has faced sharp selling pressure, retracing 17.64% down to its current level of 0.0054982. This pullback brings the price closer to its major foundational base at 0.0047832, where previous strong buying interest emerged. Despite the correction, the network foundation remains extensive with a massive holder count of 132,720 and a market cap sitting at 2.34 million. Traders are now watching closely to see if buyers will re-enter near the local support floor to stabilize the chart for a potential trend reversal.
SERAPH
Alpha
0.0057456
+3.00%
Target 1: 0.0066600
Target 2: 0.0078376
Target 3: 0.0088300