Altcoin Market Faces Correction But Sets Stage for Rebound
The broader altcoin market is experiencing a healthy pullback, with $TAO
TAOUSDT
Perp
338.8
-1.94%
down 12.99%, $DASH
DASHUSDT
Perp
90.13
+0.17%
sliding 10.98%, and $ZEC
ZECUSDT
Perp
693.36
+2.88%
losing 6.84%, while ICP and ADA show smaller declines at 2.78% and 0.52%. This cooldown comes after weeks of strong rallies, signaling potential accumulation zones ahead. Traders should watch for reversal signals near key supports—TAO around 360, ZEC near 420, and ADA at 0.50—as these levels could attract dip buyers. A good trade setup would be scaling in gradually with tight stop-losses and targeting 8–15% rebounds once momentum shifts.