Story (IP) Price Plummets 19%: A Bearish Signal or Healthy Correction?

Story (IP), the token behind Story Protocol, experienced a significant price drop of 19% in the past 24 hours. This steep decline has positioned it near a crucial technical crossroads, demanding closer analysis. While the coin remains above both key exponential moving averages on the daily chart, indicating potential bullish momentum, recent RSI readings suggest a cooling off in buying pressure. The MACD indicator also reveals a bearish crossover, signaling a shift in market sentiment.