Momentum is rising in some parts of the crypto market while fading fast in others. Ethena is flashing signals that point to a breakout toward $1.33, mirroring a previous rally that still lingers in traders’ minds. Toncoin is heading the other way, slipping 3.63% and inching closer to a breakdown at $2.93.
Both charts are sitting on the edge, waiting for confirmation. But the broader trend feels indecisive, full of caution and sideways moves. Uncertainty is the theme across multiple assets this week.
One project stands out. Cold Wallet ($CWT) has already raised over $5.65 million and sold 680 million tokens in Stage 16. Large buys are stacking up before the price rises to $0.00998, and big wallets are moving in while others are still hesitating.
Ethena’s Chart Mirrors 2024 Rally as Eyes Shift to $1.33 Target
Ethena (ENA) appears to be setting up a familiar move, echoing its 2024 rally where a falling wedge and double-bottom triggered an 89% surge. Currently, ENA is testing its 200-day moving average after breaking out of another similar wedge. The setup is strengthening as price action consolidates just below resistance at $0.70.
A clean breakout above this neckline could open the path toward $1.33. This level marked the peak of the last major rally and remains a key psychological and technical target. For now, momentum stays intact as long as the 200-day support holds.
Toncoin Traders Brace for Volatility as $2.93 Support Weakens
Toncoin (TON) has dropped 3.63% to $3.26, with trading volume jumping nearly 50% in a single day. The surge in activity suggests mounting selling pressure, while RSI indicators are nearing oversold territory. The key support at $2.93 is now under close watch.
If that level fails, TON could retrace toward $2.50. Despite these risks, some traders are still looking for a rebound to $3.43. While Telegram’s integration and the network’s scalability remain strong, market sentiment is currently shaped by dilution fears and increasing competition.
Whale Wallets Signal Confidence as Cold Wallet Presale Heats Up
Cold Wallet’s presale is drawing more than retail excitement. It is pulling in heavyweight attention from major crypto wallets, placing high-volume orders at $0.00942. These are not random transactions. They are calculated buys ahead of the next price jump to $0.00998, signaling confidence in Cold Wallet’s long-term upside.
With over 680 million tokens already sold and more than $5.65 million raised, Cold Wallet is proving it has traction. Whale participation during the early stages of a presale often acts as a market indicator. These transactions validate that $CWT is becoming a priority for those who watch volume patterns closely.
The confirmed launch price of $0.3517 adds another layer of urgency. At today’s price, early participants are staring at a potential ROI of 3,625%. That kind of upside does not go unnoticed, especially by those with deeper capital. These wallets are not here for short-term flips. They are positioning early while the value still skews in their favor.
Beyond price movement, Cold Wallet also offers platform-specific perks. Staking bonuses, exclusive access, and product integrations are tied directly to crypto presale participation. It is not just a coin purchase. It is a utility-driven entry into a platform whales are already endorsing with their capital.
Quick Breakdown
The latest market shifts reveal clear momentum shifts. Ethena is setting up for a potential repeat rally, targeting $1.33 as chart patterns align with past breakouts. Toncoin’s outlook is more uncertain, with pressure building near a critical support level and sentiment starting to waver.
In contrast, Cold Wallet is moving with purpose. Now with over $5.65 million raised and 680 million tokens sold, early buyers at $0.00942 are eyeing a 3,625% return before the next price increase to $0.00998. Whale activity is confirming what savvy traders already see. Cold Wallet is becoming a smart move, while the window is still open.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
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