The coin is coming out of an accumulation bottom and shows clear buying strength. If the price breaks 0.1818 with a 4-hour candle closing above it, there is a strong chance of a move upward toward:
🛡 Stop-Loss • If it drops below 0.155, the momentum is considered lost. • A safer stop-loss: 0.148
⸻
📌 Summary
The price is in an upward phase, but facing strong resistance at 0.1818. If this level is broken, a bullish rally may start toward 0.20, then 0.21, and finally 0.24. $TNSR #tnsr #Binanceholdermmt #Squar2earn #BTC走势分析 $BTC #FOMCWatch $ETH
Akita Inu Coin (AKITA) is a typical follow-the-trend MEME coin in the cryptocurrency space, born from the hype surrounding Dogecoin and Shiba Inu Coin. From beginning to end, it has no substantial technological support, practical applications, or commercial value, surviving purely on community sentiment and retail investor speculation.
At the launch of the token, the operating team exaggerated on social media with buzzwords like 'the next thousand-fold coin' and 'the new leader of animal coins,' creating a false sense of community consensus that attracted many retail investors eager for quick wealth. With the influx of retail funds, the price of Akita Inu Coin experienced a wave of irrational surge in a short period, allowing some early holders and promoters to quietly raise prices and sell off.
After the promoters completed their cashing out at high levels, the market lost financial support, and the coin's price subsequently began a steep decline, plummeting more than 99% in a short time. After that, the trading depth of the token continued to shrink, liquidity nearly dried up, and it ultimately became an unnoticed 'air coin,' with the vast majority of later retail investors facing substantial losses or nearly complete loss of their principal.
The collapse of Akita Inu Coin is a microcosm of the burst of the MEME coin bubble in the cryptocurrency space, also confirming that altcoins lacking value support are merely tools for promoters to harvest retail investors.
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