It's been a while since I last looked at Wayfinder $prompt. I've heard that it has been listed on new exchanges again, so let's take a fresh look at the technical and chip aspects based on your needs;
First of all, the current price has already gone through two standard geometric corrections since the last viewpoint was published, and the price has found support in the lower demand zone. Additionally, it has shown higher highs and lows on a smaller scale due to favorable news;
Therefore, we can expect that this wave of correction trend has ended, and the short-term focus is on...
Whether the price can achieve an effective rebound from this demand zone and break through the upper secondary supply zone (0.382), which represents that the price hopes to create higher highs on a larger scale.
The core support remains at 0.228, which is the key position for current capital games!
In terms of chips, we can see that the current price has already risen above the POC, indicating that the positions at the peak of chips have started to profit. As one of the hottest projects previously mentioned by @KaitoAI, Prompt has been trying to wash away a large number of early airdrop chips.
Currently, the range formed by the upper and lower supply and demand positions happens to be a region where chip distribution is relatively dense. Personally, I expect the price to maintain a range-bound fluctuation here for some time and gradually organize a higher accumulation of low-position chip peaks, in simple terms, this means gathering most of the positions within a small range.
Such similar structures have appeared in the markets of $Kaito and other new project tokens, so overall it looks quite healthy. As long as the price does not break below the core demand zone, there is a possibility to build a long-term accumulation zone.