- DATA holds above key support despite slowing momentum after its weekly rally.
- Fresh capital inflows and rising open interest reinforce improving market sentiment.
- Data Network shifts toward verified AI datasets through major strategic rebranding.
Data Network (DATA) extended its weekly gains after a strong rally, although the latest trading session revealed signs of cooling momentum. The token climbed nearly 9% over the past day and more than 18% during the week before facing selling pressure near the $0.40 mark. Despite the rejection, technical indicators suggest buyers still control the broader trend.
Price Tests Key Support Following Rally
DATA surged from roughly $0.31 to almost $0.40 before retreating toward the $0.35 region. However, the token continues to trade around its 9-period exponential moving average, showing that buyers still defend important support levels.
The immediate support zone sits between $0.3507 and $0.3520. Holding this range could allow another attempt toward the $0.3672 Fibonacci level. Besides, a successful breakout may expose the recent rejection area near $0.3908 before challenging the psychological resistance between $0.40 and $0.4050.

Momentum indicators, however, point to slowing buying pressure. The Stochastic RSI remains in overbought territory after forming a bearish crossover. Consequently, traders may see a period of consolidation before the next directional move.
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If sellers break below $0.3507, the correction could extend toward $0.3341 and later $0.3136. A fall beneath those levels would weaken the current bullish structure.
Derivatives and Capital Flows Improve

Market participation also appears to stabilize after months of declining activity. Open interest previously dropped from triple-digit millions before recovering briefly during a volatility-driven rally. Since then, derivatives positioning has settled within a healthier range between $35 million and $60 million.

Additionally, the latest increase toward approximately $51.5 million suggests traders have started opening fresh positions again. Spot market activity also reflects improving sentiment.
Recent net inflows reached roughly $8 million, marking one of the strongest accumulation periods in recent months. Hence, sustained capital inflows could reinforce support if broader market conditions remain favorable.
AI Data Strategy Reshapes Project Direction
Besides the technical picture, the project’s strategic transformation has become a major catalyst. Story Network will now operate as Data Network, while its native token changes from IP to DATA. The move reflects a broader pivot toward supplying verified and licensed datasets for artificial intelligence development.
The foundation reached this decision after evaluating several blockchain applications across entertainment, gaming, and creator ecosystems. Although those initiatives generated valuable partnerships, demand increasingly centered on high-quality AI training data instead.
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Management believes AI developers now require trusted datasets with clear ownership records and verified origins. As internet-scale public data becomes increasingly limited, organizations seek reliable sources that satisfy legal, quality, and transparency requirements. Data Network plans to address those challenges by connecting data providers with AI companies through an auditable blockchain infrastructure.
Technical Outlook for Data Network Price
Key levels remain well-defined as Data Network (DATA) attempts to stabilize after its recent rally.
Upside levels: $0.3672, $0.3908, and $0.4000–$0.4050 remain the immediate resistance zones. A sustained breakout above $0.4050 could confirm bullish continuation and open the door for a move toward higher highs.
Downside levels: $0.3507 and the 9 EMA near $0.3520 provide the first line of support. Below that, $0.3341 serves as the next major demand zone, followed by $0.3136, which remains critical for preserving the broader bullish structure.
Resistance ceiling: The $0.4000–$0.4050 region is the key barrier buyers must reclaim to reinforce medium-term bullish momentum after the recent rejection.
The technical picture suggests DATA remains in an overall uptrend despite signs of short-term exhaustion. The Stochastic RSI has turned lower from overbought territory, signaling that momentum is cooling and consolidation may develop before the next impulsive move. Meanwhile, rising open interest and improving spot inflows indicate fresh market participation, supporting the broader constructive outlook.
Will Data Network Go Up?
Data Network’s price outlook depends on whether buyers can defend the $0.3507–$0.3520 support zone. Holding this range would maintain the recent breakout structure and increase the probability of another attempt at $0.3672, $0.3908, and eventually $0.4000–$0.4050. Additionally, the project’s transition from Story Network to Data Network, with its renewed focus on AI training data infrastructure, could strengthen long-term investor sentiment.
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However, a decisive break below $0.3507 would likely shift momentum toward $0.3341, while losing $0.3136 would weaken the bullish structure and raise the risk of a broader correction. For now, DATA remains at a pivotal technical level where support, capital inflows, and sustained buying interest will determine the next major price direction.
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