$pippin The current focus of the market is highly concentrated on the control capacity of major investors and the intense battle between buyers and sellers. Based on the observation of the significant increase in the volume of positions and the way prices fluctuate, the entry of large investors has significantly improved the depth of liquidity, reducing the resistance to price increases. Historical patterns show that tokens with low market capitalization, driven by community excitement, often achieve short-term explosions by tapping into popular narratives. However, one must be cautious of sudden selling pressure that can be triggered by the total unlocking of the circulating supply, especially when the market temperature diverges from the fundamentals. Although the dual concept of AI+Meme offers room for imagination, the depth of liquidity remains the main obstacle to price sustainability.
📊 Technical analysis:
Current price: 0.3293 USDT
🟢 Support level: 0.2914 (reference distance of 1H 10.29%)
🔴 Resistance level: 0.3483 (reference distance of 1H 7.22%)
