$ARIA ran nearly 11x, from $0.0299 to a high of $0.3238.
There’s barely any visible catalyst behind the move. The team’s official X account has been dormant for roughly six months, which raises questions about what’s driving this price action.
Supply is another factor. Team and investor unlocks are gradually increasing the tokens available to sell. When a price pumps without major news, unlocked holders get a convenient chance to take profits, which adds downward pressure.
On the chart, momentum has cooled, and the daily candle rejected the highs with a long wick. Price has already dropped over 45% from the high.
I’m watching the $0.1445 to $0.1450 zone. I expect price to test it first. A weak relief bounce from there could offer a better short entry.
There’s barely any visible catalyst behind the move. The team’s official X account has been dormant for roughly six months, which raises questions about what’s driving this price action.
Supply is another factor. Team and investor unlocks are gradually increasing the tokens available to sell. When a price pumps without major news, unlocked holders get a convenient chance to take profits, which adds downward pressure.
On the chart, momentum has cooled, and the daily candle rejected the highs with a long wick. Price has already dropped over 45% from the high.
I’m watching the $0.1445 to $0.1450 zone. I expect price to test it first. A weak relief bounce from there could offer a better short entry.
