#MerlinTradingCompetition The cryptocurrency market experienced a bullish wave on May 21, 2025, with the total market value rising by $10 billion, supported by investor confidence and Bitcoin approaching new record levels. Three altcoins notably emerged:
1. Kookie Dow (COOKIE):
- The price rose by 23% to $0.195, with trading volume increasing by 344% ($57 million), indicating market optimism and the potential for continued upward movement towards $0.198.
2. Mantra (OM):
- Jumped by 12% to $0.42, supported by a positive "Balance of Power" indicator (0.32), reflecting buyer dominance. It may target $0.46 if buying pressure continues.
3. Kaito (KAITO):
- Increased by 15% to $2.11, with the "Chafkin Cash Flow" indicator (0.11) confirming buying strength. A resistance test at $2.26 is expected if the momentum continues.
Warning: These coins may face corrections if demand decreases, with potential support levels at $0.186 for Kookie and $0.37 for Mantra. Traders are advised to closely monitor market indicators.
