$Jager Why did $Jager decline?

Jager Hunter (JAGER) decreased by 6.72% in the last 24 hours, contrasting with a 14.49% increase over the week and a strong 139.20% rise in the month. This decline aligns with investors taking profits after a recent price surge and mixed reactions to project updates.
1. Profit-taking pressure – Short-term traders may have realized profits after a 30-day price increase.

2. Change in team transparency – A statement on August 13 regarding internal disputes created a cautious sentiment.

3. Technical resistance – The failure to break through key moving averages has caused price drops.$Jager