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$COAI surged 2.53% in 24 hours—sounds promising, right? Not so fast. Behind the green candles lurks a chilling reality: whales grip 88% of the supply, turning every rally into a potential exit liquidity event.
Technically, there's reason for cautious optimism. Both RSI and MACD have flipped bullish after a brutal 91% nosedive over 60 days. The oversold bounce feels real, especially with Lit Protocol's recent integration sparking fresh AI-agent narratives. On paper, momentum's shifting.
Yet here's the catch—when nearly nine-tenths of tokens sit in a handful of wallets, retail pumps become whale playgrounds. That partnership buzz? Could be the perfect cover for smart money to unload. The chart screams recovery, but the wallet distribution whispers danger.
So before you ape in chasing that 2.5% move, ask yourself: are you riding the wave, or are you the wave being ridden?