RION Trend Analysis

Strong support $0.596 | 7-day low, pullback bottom
Secondary support $0.65-0.70 | Fibonacci 38.2% retracement level
Recent resistance $0.926
7 days +44.35% increase, currently showing a strong upward trend
Suggested entry timing: August 12-14, current price range $0.83-0.87
Target price: $1.00
Stop Loss Setting: $0.75
Position Management: Build positions in batches, 40% + 30% + 30%

Recent Popularity:
August 16: Trading King competition ends, $100k prize pool distributed
August 22: Staking Phase 1 ends, new milestone unlocked
Late August: Season-2 DRIPs incentive program launched

Selling pressure risk: 20% team allocation and 8.1% investor allocation may lead to unlocking selling pressure.
Competitive Risks: Intensified competition from other Layer 1 DEXs
Market Dependence: Highly dependent on the overall development of the Aptos ecosystem

*Investment carries risks; the above analysis is for reference only. Please make investment decisions based on your personal risk tolerance.*