$PROMPT The price has retraced 80% from its high, what is the stage of the Wayfinder project? In the past two days, people have kept asking me, is Prompt still saved? To be honest, I haven't seen much since the core chip support level (green zone) was broken below... Because in the short term, chip analysis is of little significance, and can only be analyzed from the perspective of trends! If you remember the trend of $Kaito, it actually fell sharply from $2.4 after TGE to $0.6, a cumulative decline of 77%, and then finally broke through the long-term downward trend line before ushering in a turnaround. The same structure is applied to Prompt, the current structure is actually more similar, the blue long-term downward trend line in the chart is a manifestation of the continuous release of supply, why is there so much supply? A: Because Wayfinder was and is the @KaitoAI of the super-hairy ones! The chips released by the airdrop, in line with its price at the time, brought a huge supply from the U standard, and it was these supplies that continued to drive down prices. From a technical point of view, this process of supply release has finally slowed down recently. So, the current idea could be something like this: Wait patiently for the price to confirm a break above the blue downtrend line and conduct at least one test of the key green area, the first test has a high probability of a failure, but this will confirm the formation of a low oscillating range. Long-term low-level volatility ranges often represent supply depletion, and it is recommended to consider waiting for the price to break through the green range for the second time before entering the market on the right side. The current development progress of the official is still good, and it is not the kind of project party that is rotten in all senses, so for friends who are optimistic about this project but are trapped in the spot, patience is still more important than everything. Regarding the specific application development of this project, I will not go into detail here, if you are interested, you can DYOR!