SOL, LINK, OM, and RAY Signal Bullish Momentum While Bitcoin Holds Steadyđ
Bitcoinâs weekend calm has traders waiting for its next big move, but several altcoinsâSolana (SOL), Chainlink (LINK), MANTRA (OM), and Raydium (RAY)âare flashing bullish signals, catching the marketâs attention.
Bitcoinâs price is trading in a tight range between $100K and $109K, with analysts split on its short-term outlook:
Bullish: CryptoQuantâs IT Tech points to long-term holders buying dips, predicting a strong 12-month performance.
Bearish: Lack of major announcements leaves the market indecisive, says Derive founder Nick Forster.
If BTC breaks above $109K, it could surge to $126K. A downside break below $90K may signal extended consolidation.
Solana (SOL): Bulls Eye $375
Solana is battling resistance at $260 but remains bullish:
Upside: A breakout above $273 could push SOL to $296 and potentially $375.
Downside: Failure to hold $229 could lead to a drop to $180.
The symmetrical triangle on the 4-hour chart signals the next big move is imminent.
Chainlink (LINK): Targeting $33
Chainlink buyers are holding firm, with the 20-day EMA trending upward:
Upside: A push past $27.41 could rally LINK to $31 and $33.
Downside: Bears need to pull LINK below $20 to regain control.
A breakout from a triangle pattern could signal renewed momentum.
đ MANTRA (OM): Bulls Fight for $5.87
OM recently broke above $4.63 but is struggling to maintain momentum:
Upside: Closing above $4.63 could rally OM to $5.11, $5.87, and beyond.
Downside: Bears may trap bulls if OM slips below $4.20.
The $4.20â$4.40 support zone is critical to watch.
đ„ Raydium (RAY): Next Stop $10?
RAYâs uptrend resumed after breaking $6.50, but resistance at $8.70 looms:
Upside: A breakout above $8.70 could drive RAY to $10.
Downside: Falling below $6.50 risks a slide to $5.89.
Buyers defending the 50-SMA indicate strong dip-buying activity.
Will BTCâs next move provide the boost altcoins need, or Altdoom incoming?
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