随着熊旗形态的出现，Mcoin (M20) 暴跌 14%：MCOI​​N 价格会跌至 0.449 美元吗？

Mcoin 是 M20 链的原生代币，自 2024 年 6 月早些时候开始交易以来，一直处于持续暴跌状态。

Mcoin, the native token of the M20 Chain, has not had the best of times since trading began in early June 2024. However, the token’s troubles may not be over just yet, as a glance at the price chart reveals a bearish technical setup.

Mcoin 是 M20 链的原生代币，自 2024 年 6 月上旬开始交易以来，并没有经历过最好的时光。然而，该代币的麻烦可能还没有结束，因为看一下价格图表就可以发现看跌的技术结构。

The M20 Chain ecosystem revolves around MCOIN, which is used for governance, utility, NFT purchases, trading, and gas fees. Tokenomics includes 48% for public sale, 16% for a private sale, and 10% for the founders and team.

M20 Chain 生态系统围绕 MCOIN 展开，用于治理、公用事业、NFT 购买、交易和 Gas 费。 Tokenomics 包括 48% 用于公开销售，16% 用于私人销售，10% 用于创始人和团队。

The token price has formed a bearish technical setup called the ‘bear flag pattern.’ The bear flag pattern appears on a cryptocurrency price chart when a brief, sharp countertrend movement—often referred to as the flag—follows a preceding downward trend. The formation typically signals a potential reversal of the countertrend.

代币价格形成了一种看跌的技术结构，称为“熊旗形态”。当先前的下降趋势出现短暂、剧烈的反趋势走势（通常称为旗形）时，加密货币价格图表上就会出现熊旗形态。该形态通常预示着反趋势的潜在逆转。

In a bearish continuation setup, volume levels may stabilize or decrease during consolidation. During the consolidation period of a bear flag setup, the market often trends upward in response to the initial price drop, triggering FUD.

在看跌持续设置中，成交量水平可能会在盘整期间稳定或下降。在熊旗形态的盘整期间，市场通常会因最初的价格下跌而呈上升趋势，从而引发 FUD。

The emotional response typically results in higher-than-average trading volumes as investors and traders re-enter the market to capitalize on or mitigate the effects of the price movement.

当投资者和交易者重新进入市场以利用或减轻价格变动的影响时，情绪反应通常会导致交易量高于平均水平。

Traders calculate the bear flag pattern’s price target by subtracting the flagpole’s length from the breakout price level. As a result, the MCOIN USD price might drop to $0.449, a 14% drop from the current price level.

交易者通过从突破价格水平减去旗杆长度来计算熊旗形态的价格目标。因此，MCOIN USD 价格可能会跌至 0.449 美元，较当前价格水平下降 14%。

Meanwhile, the daily timeframe chart shows candles with long upper wicks, indicating the bearish pressure against the token. MCOIN traders in India had a harder time as the MCOIN INR pair performed more poorly than the MCOIN USD did.

与此同时，每日时间框架图表显示蜡烛具有较长的上影线，表明该代币面临看跌压力。印度的 MCOIN 交易者日子不好过，因为 MCOIN INR 货币对的表现比 MCOIN USD 货币对表现更差。

The M20 team has not made much effort to promote the project. Though the MCOIN X handle has over 16,000 followers, the social media team has shared only 355 posts since June 2023. Maybe the team believes in more organic forms of advertising.

M20团队并没有为推动该项目做出太多努力。尽管 MCOIN X 账号拥有超过 16,000 名关注者，但自 2023 年 6 月以来，社交媒体团队仅分享了 355 个帖子。也许该团队相信更有机的广告形式。

Potential red flags include governance centralization due to significant control by the founding team and the risk of sell-offs from the 10% allocation to founders.

潜在的危险信号包括由于创始团队的重大控制而导致的治理集中化以及分配给创始人的 10% 的抛售风险。