📈 Long Trade Signal: DeepNode ($DN)
Current Context: $DN has experienced a sharp 85%+ decline since its January 9th listing. While high-risk, the technical indicators suggest seller exhaustion near the current "floor" established over the last 48 hours.
🎯 Take-Profit Targets
• TP 1: $0.30 (Psychological level & recent high-volume cluster)
• TP 2: $0.45 (Major resistance and 2024 historical peak)
• TP 3: $0.60+ (Extended target if Mainnet momentum builds)
🔍 Technical & Fundamental Reasoning
• Extreme Oversold Conditions: The 7-day RSI recently hit levels as low as 4.18. Historically, such depressed momentum in newly listed AI tokens often leads to a sharp "v-shaped" recovery as "bottom fishers" enter the market.
• Ecosystem Activity: With staking and validators going live on January 12th, a portion of the circulating supply is being locked up, which may alleviate the immediate sell pressure from the initial TGE (Token Generation Event).
• AI Narrative: DeepNode is positioned in the decentralized AI (DePIN) sector, which remains a leading narrative in early 2026. The Q1 Mainnet launch provides a fundamental "buy the rumor" window.
