Recently, the trend of a certain leading token has attracted market attention. On the surface, the fluctuations seem frequent with ups and downs, but a closer look reveals some warning signals. Trading volume has not increased in tandem, and the price rise lacks transaction support, which often indicates signs of artificial manipulation of funds.



Even more problematic, ongoing token unlock plans continuously release selling pressure into the market. As new supply keeps pouring in, the price needs to fight against this downward force to continue rising—often with unsatisfactory results.

Most single-cycle token projects of this kind have historically ended in deep traps, with investors ultimately buying at high prices. In extreme cases, it can even affect other projects within the related ecosystem. Therefore, those seemingly prosperous rebounds are likely carefully designed to attract retail investors to follow the trend.

From a technical perspective, the current price is oscillating around 4.944 USDT:

Support level is at 4.886 USDT (consider placing small orders near this level)
Resistance level is at 5.09 USDT (about 3.20% difference from the 1-hour K-line)
The 4.964-4.993 range is a relatively dense resistance zone

The trading suggestion is to go long near support levels on dips, but be sure to set stop-loss points below the support. Risk always comes first.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MidnightMEVeatervip
· 5h ago
Good morning, at 3 a.m. I'm still watching the dump play... The old trick of the liquidity trap, retail investors are always the prey in the game.
View OriginalReply0
FallingLeafvip
· 5h ago
It's the same old trick again; when the price and volume don't match, you know someone is trying to harvest profits.
View OriginalReply0
AllTalkLongTradervip
· 5h ago
It's the same trick again—trading volume doesn't match the price, it smells too much like pump-and-dump activities.
View OriginalReply0
MaticHoleFillervip
· 5h ago
It's the same trick again. The divergence between volume and price has long been exposed; retail investors are the ones holding the bag.
View OriginalReply0
NFTragedyvip
· 5h ago
Here we go again, unlocking and smashing the market, trading volume doesn't match the price. I'm tired of this routine.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)