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From a technical perspective, there are several noteworthy signals in this coin's recent trend. After touching the resistance level last night and experiencing a slight pullback, it rebounded this morning back to the key resistance level but has yet to break through effectively—this behavior indeed reveals some clues. Chart-wise, the 1-hour chart is about to form a clear double top pattern, which typically indicates short-term corrective pressure.
From a fundamental standpoint, a market cap of 5.4 billion compared to the current application development progress of this project indeed seems somewhat mismatched. The lack of practical application value, combined with weak technical performance, suggests that a period of downward correction is likely to follow.
In terms of operation, retail investors should be especially cautious now. Avoid blindly chasing long positions, especially not falling into traps of false signals. If bearish, consider entering short positions around the 0.148 price range, with a stop-loss set above 0.185 to guard against potential false breakouts to the upside. Following this logic, waiting for a downward correction to unfold, there is profit potential.