1. Short-Term Trading
Dogecoin (DOGE) +3.38% → Showing an upward trend, could be profitable for short-term gains.
Solana (SOL) +1.83% → Positive momentum; if the uptrend continues, it could be a good trade.
Solayer (LAYER) +23.11% → The biggest gainer, but be cautious as it might pull back. If buying, use a stop-loss strategy.
Better to Sell or Avoid for Now:
Nillion (NIL) -16.05% → The biggest loser, might drop further, so avoid buying at this stage.
Ethereum (ETH) -1.81% and BNB -1.03% → Slightly declining, wait for further price action or a support level before considering a buy.
XRP -0.89% → Also dropping, might be considered for short selling if the trend continues downward.
2. Long-Term Investment
Ethereum (ETH) and BNB → Strong coins, and if they drop further, it could be a good buying opportunity for long-term holding.
Solana (SOL) → Growing in popularity and could be a solid long-term investment.
Dogecoin (DOGE) → Although a meme coin, it often presents trading opportunities due to its volatility.
3. Risk Management
Use Stop-Loss Orders, especially for volatile coins like DOGE, LAYER, and NIL.
Diversify Investments instead of putting all funds in a single coin.