The currency is experiencing a sharp decline of 9.6% over 24 hours, bringing its weekly loss to -43.8%.

This deterioration is due to the loss of liquidity after being delisted from the CoinDCX platform and breaking critical technical support levels at $8.53.

Simultaneously, there is a general weakness in fan token activity on the Chiliz network.

Although the Relative Strength Index (RSI) has reached a historically oversold level, the lack of fundamental catalysts puts the next support level at $6.64 under scrutiny.

$OG ‌
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