DoubleZero faces a pullback test after reaching a new high, can it hold steady at $0.11?

【Crypto World】DoubleZero has been making quite a splash recently—its stock price surged by 10.9% in one go, just hitting a new monthly high of $0.14. As of now, the quote is $0.137, and its market capitalization has expanded to $486 million. Behind the scenes, Grayscale has included it in the Q1 2026 watchlist, which is a significant positive for the DePIN sector.

From derivatives data, market sentiment remains quite strong. Open interest has increased by 13.4%, now standing at $17.48 million, with the long-short ratio maintained at 1.14, indicating a clear bullish sentiment. However, there’s a detail worth noting—over the past three days, exchange fund inflows suddenly increased by $7.65 million. What does this usually mean? Signals of profit-taking are beginning to appear.

According to this logic, the stock price might attempt to dip down to around $0.12. Want to push further to $0.15? The key is whether it can hold above the support level of $0.11. If this line is broken, things could get pretty ugly later on.