Recently, several new tokens have emerged in the digital currency market, attracting widespread attention from investors. Let's analyze the market performance and future trends of these three new coins: $MITO, $DOLO, and $PLUME.
$MITO is currently in a controversial position. While some investors are looking forward to it breaking the price barrier of 0.5, on-chain data shows that a large amount of funds is flowing out. This may indicate that a significant upward trend is unlikely to occur in the short term.
The situation of $DOLO is also not optimistic. From a technical analysis perspective, the daily chart shows a downward trend. Meanwhile, on-chain data indicates a significant net outflow of funds on an hourly basis, reflecting substantial selling pressure. In the short term, $DOLO may continue its downward trend.
As for $PLUME, its trend is even more concerning. The consecutive days of bearish candlestick patterns indicate a lack of upward momentum. The price level of 0.1 has formed a strong double top resistance, making it difficult to break through. In addition, on-chain data shows the presence of large sell orders, which further increases the downward pressure.
Overall, these three newly launched cryptocurrencies face significant downside risks in the short term. However, the cryptocurrency market is ever-changing, and investors should closely monitor market trends and manage risks effectively. At the same time, it is important to note that these analyses are based on current market data and technical indicators and cannot fully predict future trends.
In investment decisions, investors are advised to comprehensively consider various factors such as the fundamentals of the project, technological development, and team background, rather than solely relying on short-term price trends. At the same time, it is essential to always keep in mind the high-risk characteristics of the cryptocurrency market and not to invest funds beyond one's capacity to bear.
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SelfCustodyIssues
· 15h ago
play people for suckers and that's it, next one
View OriginalReply0
SnapshotBot
· 09-01 07:49
Another round of playing people for suckers has begun.
View OriginalReply0
airdrop_huntress
· 09-01 07:46
Rug Pull! It's obviously a Rug Pull rhythm.
View OriginalReply0
MEVSandwich
· 09-01 07:43
The market maker is playing people for suckers again.
View OriginalReply0
fomo_fighter
· 09-01 07:40
With these few worthless coins, I still hope for a rebound.
View OriginalReply0
RugpullSurvivor
· 09-01 07:39
Rug Pull预定 哈哈
View OriginalReply0
GateUser-aa7df71e
· 09-01 07:33
Brothers, don't panic. It's a typical shakeout to wash out the suckers.
Recently, several new tokens have emerged in the digital currency market, attracting widespread attention from investors. Let's analyze the market performance and future trends of these three new coins: $MITO, $DOLO, and $PLUME.
$MITO is currently in a controversial position. While some investors are looking forward to it breaking the price barrier of 0.5, on-chain data shows that a large amount of funds is flowing out. This may indicate that a significant upward trend is unlikely to occur in the short term.
The situation of $DOLO is also not optimistic. From a technical analysis perspective, the daily chart shows a downward trend. Meanwhile, on-chain data indicates a significant net outflow of funds on an hourly basis, reflecting substantial selling pressure. In the short term, $DOLO may continue its downward trend.
As for $PLUME, its trend is even more concerning. The consecutive days of bearish candlestick patterns indicate a lack of upward momentum. The price level of 0.1 has formed a strong double top resistance, making it difficult to break through. In addition, on-chain data shows the presence of large sell orders, which further increases the downward pressure.
Overall, these three newly launched cryptocurrencies face significant downside risks in the short term. However, the cryptocurrency market is ever-changing, and investors should closely monitor market trends and manage risks effectively. At the same time, it is important to note that these analyses are based on current market data and technical indicators and cannot fully predict future trends.
In investment decisions, investors are advised to comprehensively consider various factors such as the fundamentals of the project, technological development, and team background, rather than solely relying on short-term price trends. At the same time, it is essential to always keep in mind the high-risk characteristics of the cryptocurrency market and not to invest funds beyond one's capacity to bear.