HNUT Token Plummets Over 99% Amid Rug Pull Concerns
- Price Collapse: The HNUT token has plummeted over 99% in just a few hours, dropping from $0.07 to below $0.0003, nearly reaching zero, which has resulted in significant losses for investors and reflects a collapse in market confidence in the token.
- Trading Volume Surge: Despite HNUT recording a surge of over 700% in 24 hours, reaching a market capitalization of $70.94 million and briefly becoming the third most traded token on the Solana blockchain, subsequent abnormal liquidity movements raised warnings of a potential rug pull, highlighting the extreme volatility in the market.
- Risk Alerts: Multiple on-chain monitoring platforms, such as CryptoScope, detected unusual liquidity and suspicious data patterns related to HNUT, warning investors of potential risks, indicating that in a highly speculative market environment, investors need to remain vigilant.
- Market Sentiment Impact: Experts note that as a memecoin, HNUT's trading volatility is significantly influenced by market sentiment and short-term speculation, further exacerbating investors' exposure to risk.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0609 | 0.0686 | 0.0774 | 0.0852 | 0.094 | 0.102 | 0.11 |
| Fibonacci | 0.0686 | 0.0749 | 0.0788 | 0.0852 | 0.0915 | 0.0954 | 0.102 |
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