Story Protocol (IP) surged 13% in the past 24 hours, fueled by a $2.65 million outflow of spot funds following a nine-day hiatus. The rise was supported by positive funding rates favoring long positions, indicating increased investor confidence.
Technical indicators such as the Chaikin Money Flow (CMF) have turned positive for the first time since August 31, suggesting that buyers are gaining control. Despite the upward momentum, a dense liquidity cluster below the current price could pose a risk of a pullback, potentially serving as a demand zone for future rebounds.
Story Protocol (IP) Jumps 13% Amid $2.65M Outflow and Positive Signals
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