The chart shows a classic post-launch correction phase commonly seen in new utility tokens.
Price Level: At $0.16507, the coin is currently testing a "local bottom." It has dropped significantly from its launch highs (which were reportedly over $1.20 in early January).
Moving Averages (MA): The price is currently trading below the MA(7), MA(25), and MA(99). This indicates a strong short-term bearish trend. For a reversal, we need to see the price break and hold above the purple line (MA99) at approximately $0.1687.
RSI & Momentum: Recent data suggests an extremely oversold RSI (often dipping below 10-15 lately). While this signals "exhaustion" from sellers, it doesn't guarantee an immediate pump; it usually precedes a period of sideways consolidation.
Volume: The trading volume is relatively low compared to the market cap, suggesting that big "whales" are currently sitting on the sidelines waiting for a clear direction.
2. Fundamental Analysis (The "Why")
DeepNode isn't just a "meme coin"; it is a DePIN (Decentralized Physical Infrastructure Network) + AI project.
Upcoming Catalyst: The project is slated for a Mainnet launch on Base (L2) in Q1 2026. This is the most critical event for the coin's value.
Utility: The token is used for AI model queries and rewards for node operators. If the mainnet attracts real developers, the "buyback and burn" mechanism (1% of revenue) could create long-term price support.
Recent Drama: There were reports in mid-January regarding "liquidity partner" issues where tokens may have been released prematurely. This likely caused the sharp drop you see on the larger timeframe, creating a "crisis of trust" that the team is currently working to rebuild.
3. Short-Term Prediction
Bearish Scenario: If the price fails to hold the $0.159 support level (the recent wick low), it could slide toward $0.12, where the next psychological support sits.
Bullish Scenario: If it breaks resistance at $0.175, it could quickly rally toward $0.24 as short-sellers exit their positions.
$DN
