The @DAO Labs #SocialMining project, #SolidusHub , remains interested in keeping the track of #AITECH , the currency of @AITECH , basking in a narrow coil of the accumulation range. This trend could be deceptive since it has been experiencing an increase in tension between support and resistance, which can burst in the near future.
After having managed downward pressure after sudden sell-offs based on macro factors, the capacity of the price of AITECH to support this level has been put into question. The psychology in the market at such point is weak- any prolonged failure may therefore cause the sentiment to tilt to the extreme and price recovery may fall to previous support. On the other hand, a breakout of the overhead will cause immediate revaluation.
Sleeping in itself is neither bullish nor bearish, it is a preparation. The work of the Solidus Hub in terms of the DAO Labs #SocialMining framework has been critical to recording this behavior. The involved persons do not merely provide information regarding the organization of charts but even sentiment, narrative changes, and the principles of the projects in the long run.
Determined participation is the main factor. Purchasing volatility that is not understood at mid-levels opens up a redundant risk factor, particularly most of all in a manipulated or news-oriented market. The entry seekers instead are shifting to stratified approaches to historically potent areas. This data, conservative, cautious approach is something that reaffirms what Social Mining is all about: the combination of collective voices with the framework.
The confirmation is put on hold as people sit and watch the charts and eventually patience is the most significant trading resource.
