DeepBook Jumps 19% Amid Strong Momentum — What’s Next for DEEP?

• Price Surge: DEEP jumped 19% in a day, signaling renewed buyer enthusiasm and momentum.

• On-Chain Signals: Divergence and accumulation indicate growing investor conviction and support for further gains.

• Next Target: Technical and volume trends suggest $0.04 as the next key resistance level.

DeepBook — DEEP, recently surged 19% in a single day, catching the attention of traders and investors alike. The price moved sharply after a period of low activity, reflecting renewed buyer enthusiasm. Momentum now builds around DEEP, and the key question is whether this rally has enough strength to sustain further gains. With on-chain data showing growing accumulation, traders are closely watching volume and technical levels to anticipate the next move.

DeepBook jumps 19% in a day – Is $0.04 DEEP’s next target? https://t.co/bJNxKkxlVl

— CryptoNews (@CryptoCoinsNew5) February 3, 2026

Accumulation Signals Point to Bullish Conviction

On-chain metrics reveal promising signs for DEEP. The divergence between adjusted price and Daily Active Addresses recorded notable gains during the rally. At the time of writing, the Adjusted Price DAA Divergence stood at 0.031, highlighting investor positioning. This kind of divergence shows that market participants are not simply chasing short-term gains. Instead, investors appear to be positioning for potential continuation.

Sustained interest from these holders could help maintain momentum, supporting the bullish case. Trading volume also confirms the strength behind DEEP’s move. Volume rose significantly alongside price, suggesting the surge is backed by real participation rather than thin liquidity. Elevated volume during a rally typically reduces the risk of immediate reversals.

Traders can interpret this as a sign that momentum has room to continue, at least in the short term. Investors should also note that consolidation may occur after sharp daily gains. Brief price pullbacks are natural as traders secure profits. Still, the presence of accumulation signals and rising volume indicates that the trend retains credibility.

Can DEEP Reach $0.04 Next?

From a technical standpoint, the next key target lies near $0.04. This psychological level served as the last major resistance before DEEP experienced a bearish decline. A successful breakout above this point could signal a continuation of the bullish trend. Short-term consolidation cannot be ruled out. After strong upward moves, small corrections are common as markets balance supply and demand.

Buyers defending recent support zones will determine whether the rally can maintain momentum. The Stochastic RSI shows oversold conditions during the pullback, suggesting that the bullish trend may resume soon. Combined with improving on-chain activity, rising volume, and accumulation signals, the conditions appear favorable for testing the $0.04 level. Traders should monitor these factors closely to gauge whether the momentum will carry DEEP higher or face resistance.

DEEP’s rally demonstrates renewed confidence among investors. Strong participation, accumulation signals, and technical indicators all point to potential continuation. If buyers hold support and volume stays elevated, the move toward $0.04 becomes increasingly plausible. Monitoring both on-chain metrics and technical levels will be key to anticipating the next chapter in DeepBook’s momentum.