Melania Token Decreased to $0.39 After the Project Sold 3 Million Tokens

The MELANIA project team has sparked a wave of speculation after selling nearly three million Melania tokens in exchange for thousands of SOL. This trade, part of a broader liquidity strategy, has raised concerns about the short term stability of the token. Prices fell and volumes spiked after this move, indicating increased volatility and trader caution. While some view this as a routine liquidity adjustment, others question whether this signals deeper issues regarding token distribution and the project's transparency. Liquidity fluctuations and market reactions According to on-chain data, the MELANIA team sold a large volume of tokens into the MELANIA/SOL liquidity pool, converting them into SOL. This is the second largest sale in three days, part of a series of Melania token transfers from community and liquidity wallets. The project claims the goal is liquidity management and price stability, but traders see otherwise. The move caused a significant drop in token value and increased short-term volatility. Such direct sell-offs from internal wallets often cause fear of future sell-offs, especially in low-market-cap altcoins. The fact that the group executing these sell-offs does so through Meteora's one-way liquidity structure adds to the complexity. Although this method avoids immediate slippage, it still introduces a significant supply into the market. Selling pressure has affected many trading pairs, leading to price falls on many platforms. With liquidity changes and market sentiment disturbed, traders are currently closely monitoring the movements of wallets. If many Melania tokens move to exchange-linked pools, a bearish momentum could form. Let's consider the price prediction for Melania to see how this will impact the price of Melania. Price prediction for Melania on April 19, 2025 MELANIA/USDT has been on a continuous fall trend, forming a descending channel before finding support around the level of 0.39. This support zone has held strong and recently triggered a small recovery, indicating the possibility of a change in momentum. The RSI is currently at 52.01, having recovered from several oversold signals coinciding with the short term bottom, suggesting increasing buying interest. Meanwhile, the MACD has shown a bullish crossover with the chart turning green, adding to the neutral to bullish shift of the RSI.

The price has slightly broken through the descending channel in an upward direction, a sign that the selling pressure may be weakening. However, the price is still close to the support zone and needs to be bought to confirm any reversal. If the current strength remains intact, there may be a retest of the resistance level near 0.51, although not increasing above 0.42 could lead to new selling pressure. The indicators support a cautious bullish trend as long as the price remains above the recent support level. High risk, high reward in trading. The liquidity moves of the MELANIA project group have shaken the market, but the Melania token currently shows signs of temporary stability. Traders are facing a conflicting setup: technical indicators suggest a recovery, but underlying risks remain. If the price holds in the 0.39–0.42 range, long-term buy orders may appear. However, with the group's wallet activity still under scrutiny, this remains a traders' market, a market that requires tight risk management due to recent transparency concerns regarding the project.