$SN44 Current price $8.52, market cap $36.79M, and only $429K in 24-hour trading volume—this volume level indeed says a lot.
With liquidity contracting, weak addition of new users, and waning market attention, under the triple pressure, the Score has fallen to a low in the 15-year range. On the technical side, a selloff lacking support usually implies there is still room for further downside to come.
In the short term, it’s not advisable to hard-buy on the left side; waiting for a clear signal of volume expansion before discussing a reversal is more prudent. Opportunities in overlooked assets often lie in patience rather than trying to rush in.
#Score #市场观察 #On-chain data
With liquidity contracting, weak addition of new users, and waning market attention, under the triple pressure, the Score has fallen to a low in the 15-year range. On the technical side, a selloff lacking support usually implies there is still room for further downside to come.
In the short term, it’s not advisable to hard-buy on the left side; waiting for a clear signal of volume expansion before discussing a reversal is more prudent. Opportunities in overlooked assets often lie in patience rather than trying to rush in.
#Score #市场观察 #On-chain data