🚀 $MITO Bullish Momentum Builds – But Can It Break Resistance?
$MITO has shown impressive short-term momentum, driven by strong capital inflows and increased buying activity.
📊 What’s Driving the Move?
🟢 Strong Capital Inflows: Net spot inflows surged to +$277K, including +$109K from large orders, pushing the price to an intraday high of $0.00899.
🟢 Bullish EMA Structure: Price is trading above all three key EMAs:
* EMA 7: $0.00848 * EMA 25: $0.00813 * EMA 99: $0.00784
This alignment indicates a positive short-term trend.
🟢 Bollinger Band Momentum: Price moved above the upper Bollinger Band, signalling strong buying pressure, although a pullback followed.
⚠️ Key Risks to Watch:
* Recent rejection near $0.00899 suggests potential resistance. * Supply overhang remains a concern, with over 51.2% of total supply still locked. * Declining TVL and liquidity could affect long-term ecosystem growth. * Profit-taking may increase following the recent rally.
🎯 Key Price Levels to Watch:
* Resistance: $0.00899 * Current reference price: $0.00862 * EMA 7 support: $0.00848 * EMA 25 support: $0.00813 * EMA 99 support: $0.00784
Our Take: $MITO currently maintains a bullish short-term technical structure, but the recent pullback shows that volatility remains high. A sustained move above $0.00899 could strengthen the bullish case, while losing key EMA support levels may invite further downside.
🔥 The next move could be crucial. Watch volume, capital flows and price reaction around resistance.
$DOT Broken Resistance Retested. The Next Wave Is Loading
#Polkadot is trending above the broken s/r zone on the daily timeframe.
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The deal will combine two key players in AI infrastructure and optical networking, strengthening Marvell's position in the rapidly growing AI data center market.
The daily bounce puts the $0.064–$0.067 demand zone in focus, but a reversal still needs confirmation.
Reclaiming $0.080 would be the first step, followed by the $0.085–$0.090 supply zone and descending resistance.
A sustained breakout above that area would strengthen the case for $0.100–$0.105, with $0.120–$0.130 becoming the next objective if momentum continues.
Successful retests matter as much as the initial breakout.
Losing the demand zone would weaken this recovery scenario, especially if price accepts below $0.060.
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The infrastructure is built. Now the price needs to bounce.
$ICP has become the blockchain for the AI revolution.
Right now, Internet Computer is holding above the broken support/resistance zone on the daily chart.
#ICP is now properly connected with both Claude and ChatGPT. People can build applications and set up cloud infrastructure directly through these two biggest AI platforms.
This is not a rumour. It is already live.
If it bounces from here, the next target levels are: