Yes! $ELP is quietly setting itself up for something interesting right now.

After hitting a low of 0.007199 earlier today, buyers stepped in fast not just to defend the level, but to reverse the entire move within the same session. Price is now holding steady around 0.00752, just under short-term resistance, with a strong floor seemingly set.

What’s even more telling is how clean the moving averages look right now. Short-term and mid-term bands are tightening, a classic compression phase. Combine that with a MACD that’s reset and hugging the zero line, this is exactly where bigger directional moves usually build from. The market is calm, but it won’t stay that way for long.

And then there’s the liquidity dynamic: over 80 million $ELP already staked across platforms, massive APRs still driving tokens off exchanges. While many are watching the chart, the real story is off-chain, circulating supply is shrinking every day. This is not your typical post-TGE dump and fade. It’s shaping into a proper accumulation base.

The bigger picture is even more bullish when you factor in the fundamentals. The ecosystem is gaining adoption, staking momentum is only increasing, and on-ramps are getting easier. The project isn’t in “announcement” mode, it’s in build and deploy mode.

Check out @elympics_ai announcement yesterday:

And yes I’m bullish, the sentiment might feel quiet on the surface, but this is often how strong trends begin — slow, patient, with smart hands accumulating while everyone else is distracted. If $ELP holds above this range, the next leg higher won’t surprise those paying attention.

Keep watching. This one still has serious legs.