DoubleZero faces a pullback test after reaching a new high, can it hold steady at $0.11?

Question

【Crypto World】DoubleZero has been making quite a splash recently—its stock price surged by 10.9% in one go, just hitting a new monthly high of $0.14. As of now, the quote is $0.137, and its market capitalization has expanded to $486 million. Behind the scenes, Grayscale has included it in the Q1 2026 watchlist, which is a significant positive for the DePIN sector.

From derivatives data, market sentiment remains quite strong. Open interest has increased by 13.4%, now standing at $17.48 million, with the long-short ratio maintained at 1.14, indicating a clear bullish sentiment. However, there’s a detail worth noting—over the past three days, exchange fund inflows suddenly increased by $7.65 million. What does this usually mean? Signals of profit-taking are beginning to appear.

According to this logic, the stock price might attempt to dip down to around $0.12. Want to push further to $0.15? The key is whether it can hold above the support level of $0.11. If this line is broken, things could get pretty ugly later on.

AirdropF5Bro · Accepted Answer

Trying to cut me again? You want to run at 0.14? Let's see if 0.12 can hold steady; otherwise, this will be a false breakout.

degenwhisperer · Answer

Same old trick, when funds flow in they shout about profit-taking... Will it really crash this time?

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Grayscale's endorsement sounds good, but there's a reason it's been hanging at 0.14 for so long.

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$7.65 million inflow? I just want to know if it's institutions bottom-fishing or retail investors taking over.

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If 0.11 can hold steady, I’ll believe DePIN still has a chance; otherwise, it’s just hype.

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With a bullish-to-bearish ratio of 1.14 and still daring to exit, this wave might really retrace to 0.12.

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The DePIN sector is only so hot, and it feels like Grayscale can't save it...

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The bulls are so arrogant, could a quick crash come from a counterattack? We've seen it happen before.

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0.137 is already a high point, a normal retracement. The key is whether it can hold 0.11.

just_here_for_vibes · Answer

Another high-altitude diving rhythm? The rapid capital inflow is actually a bit unsettling.

FarmToRiches · Answer

Really? Are we going to dump again?

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With Grayscale backing, can it still fall? This move is a bit uncertain...

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765 million inflow, this pace is a bit uncomfortable

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Whether 0.12 can hold is the key; if it breaks, it's over

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It's the same old trick, rises then calls for a correction. I just want to know where the bottom is

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DePIN is indeed gaining popularity, but this profit-taking signal is a bit obvious

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Contract growth is so rapid, be careful of a sharp drop, brothers

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Can it hold steady? Don't think too much, just cut losses if it falls

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The monthly new high is directly facing a test. Can't you see that?

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Only touching 0.14 and then wanting to run? The bulls aren't that confident this time

NFTArchaeologist · Answer

This wave of gains looks great, but the rapid capital inflow actually makes me a bit nervous... feels like it might drop

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Grayscale's endorsement is indeed top-notch, just worried there are too many bagholders

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0.14 peaks and then runs away, 0.12 is the real bottom

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It's the old trick of rising first and then falling again, is DePIN really that attractive?

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A capital inflow of 7.65 million signals chip turnover, seasoned traders can see it clearly

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I've seen too many cases of rising high and then falling back, wait a bit before going in again

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The long-short ratio of 1.14 looks very optimistic, but I think it will break below 0.12

SelfSovereignSteve · Answer

Is this another endorsement by Grayscale? Does this wave of DePIN still have a chance? It feels like the funds have already started to flee.

DoubleZero faces a pullback test after reaching a new high, can it hold steady at $0.11?

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