# DEEP Related Articles

HTX News Center provides the latest articles and in-depth analysis on "DEEP", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

DEEP: $0.033 resistance is back in focus – But shorts pose a problem

DEEP has surged 11.38% to $0.03006, with trading volume up 155%, signaling renewed market interest. The price broke out of a long-term descending channel, indicating a potential trend reversal, with key resistance at $0.03379 and support at $0.02260. The RSI rose to 57.99, reflecting growing bullish momentum without being overbought. Exchange netflows turned positive, suggesting increased liquidity and trader repositioning. Short liquidations reached $3.38K, far exceeding long liquidations, adding upward pressure. While the breakout is promising, sustaining above $0.03 is critical; failure could lead to a drop toward support. Validation of the breakout will depend on continued buyer demand.

ambcrypto03/10 02:01

DEEP: $0.033 resistance is back in focus – But shorts pose a problem

ambcrypto03/10 02:01

DEEP breaks descending channel after 12% surge – Is a bigger rally ahead?

DEEP surged 12% to $0.032, breaking out of a multi-month descending channel—a potential bullish shift. However, volume declined 36%, suggesting weak broad conviction. The Directional Movement Index shows buyers edging ahead with strengthening trend intensity. Despite the breakout, top Binance traders remain heavily net short (Long/Short Ratio at 0.62), creating potential for a short squeeze if the price holds above $0.031–$0.033. Open Interest rose 9.32%, indicating new leveraged positions and higher volatility risk. Sustainability depends on bulls defending the breakout zone; failure could trigger a sharp reversal.

ambcrypto02/18 00:02

DEEP breaks descending channel after 12% surge – Is a bigger rally ahead?

ambcrypto02/18 00:02

DeepBook jumps 19% in a day – Is $0.04 DEEP’s next target?

DeepBook (DEEP) surged 19% in a day, signaling a strong shift in momentum and renewed bullish interest. On-chain metrics show a growing divergence between its adjusted price and daily active addresses, indicating accumulation and investor conviction. Trading volume has risen significantly, validating the breakout and reducing the risk of a quick reversal. The next key resistance level is $0.04, a psychological barrier that previously triggered a bearish trend. While short-term pullbacks are possible, the overall bullish structure remains intact, supported by strong volume and on-chain activity. If these trends continue, a move toward $0.04 appears increasingly likely.

ambcrypto02/03 13:32