The $CITY token in the Solana ecosystem has been quite interesting recently. After a large sell-off, it didn't continue to decline and has stabilized somewhat. It seems to be looking for a new support level. Compared to projects that are dropping straight down, tokens showing signs of a rebound after a decline are more likely to attract traders' attention. The future trend will depend on whether trading volume can support it, to determine whether it's a genuine rebound or a trap.
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MetaMaximalist
· 17h ago
ngl, volume's the real tell here... seen too many dead cat bounces masquerading as "recovery narratives" lmao. $CITY holders better hope the network effects actually materialize or this is just another liquidity trap dressed up in solana's hype cycle
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Ser_Liquidated
· 17h ago
Hey, $CITY's rebound is pretty strong. If the trading volume can't keep up, I won't believe it.
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GhostAddressHunter
· 17h ago
Is it a trap to lure more buyers or a genuine rebound? It depends on the trading volume that follows; don't be fooled.
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FreeMinter
· 17h ago
Hey wait, is $CITY's rebound really just the usual trap to catch the naive?
The $CITY token in the Solana ecosystem has been quite interesting recently. After a large sell-off, it didn't continue to decline and has stabilized somewhat. It seems to be looking for a new support level. Compared to projects that are dropping straight down, tokens showing signs of a rebound after a decline are more likely to attract traders' attention. The future trend will depend on whether trading volume can support it, to determine whether it's a genuine rebound or a trap.