$TOKEN Plunges 4.57% to $0.1291 as Sell-Off Accelerates

A sharp correction is underway. The token has dropped to $0.12911, marking a -4.57% decline as selling pressure intensifies.

Market dynamics show a substantial cap of $129.12M held by 41,845 on-chain holders. The on-chain liquidity pool of $5.75M is now being tested as the Fully Diluted Valuation matches the current market cap, indicating all supply is in circulation.

The technical breakdown is severe. The Supertrend (10,3) indicator has turned bearish at $0.11262, well below the current price, signaling strong downward momentum. The chart illustrates a precipitous fall from the $0.1429 high reached on December 16th, breaking multiple support levels. The price has sliced through the $0.1365 and $0.1300 levels with increasing volume, confirming the strength of the sell-off.

This is a high-conviction downtrend. With the Supertrend flipped to sell and price action in a clear breakdown structure, the next critical support target is the Supertrend line itself at $0.1126. The elevated volume suggests this move has further to go.

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