T_T77777

【Potential Coin Observation: $JUP】

The core player of the Solana ecosystem, $JUP, seems to be gaining momentum again.

Bullish Logic:

1. Leading Position: The largest DEX aggregator in the Solana ecosystem, it serves as the core entry point for on-chain traffic, with a solid fundamental basis.
2. Business Expansion: Its Launchpad and cross-chain services provide new growth narratives and revenue sources.
3. Technical Signals: Strong support at $1.05, the 4-hour chart's descending wedge is nearing the end, and breaking through $1.20 could trigger a rapid rise, targeting $1.35-$1.50.

Risk Warning:
Closely monitor the trends and trading volume of $SOL. If it falls below the $1.05 support or breaks through without volume, reassessment is needed.

【Potential Coin Observation: $PYTH】

Friends who are interested in DeFi infrastructure can take a look at $PYTH.

Bullish Logic:

1. Core Track: Oracles are the cornerstone of DeFi, with solid fundamentals, and as DeFi recovers, $PYTH is expected to benefit.
2. Strong Community: Previous airdrops have built a large community, with a good retail base and a relatively healthy market.
3. Technical Signals: Strong support at $0.45, currently forming a bottom. If it can break through $0.55 with volume, it is likely to start, with the first target around $0.62.

Note:
Its trend is highly correlated with the market; if BTC is unstable, any formation is useless. Be sure to set stop-losses (e.g., $0.44). #PYTH

[Potential Coin Watchlist: $RNDR]

Those interested in the AI ​​sector should keep an eye on $RNDR.

Reasons for a bullish outlook:

1. Strong Sector: As a leading computing power provider in the AI ​​+ metaverse, its fundamentals are solid and aligned with long-term trends.

2. Technical Bottoming: The price has stabilized near the key support level of $7.0, showing signs of a bottoming out.

3. Key Signal: A breakout above $8.5 with significant volume could trigger the next upward move, with a short-term target of $9.5.

Risk Warning: Always set a stop-loss order! If the price breaks below the $7.0 support level, or if Bitcoin's trend weakens, a reassessment is necessary. #RNDR #BTC

· Capture the breakout signal: $NEAR has recently broken through the 20-day exponential moving average (6.15 USD), which is a short-term positive signal indicating that selling pressure may be weakening.
· Focus on key resistance: The next key point to watch is whether $NEAR can successfully break through the upper line of its downward channel. If it can effectively break through, it may initiate an upward trend.
· Set target levels: If the upward trend is confirmed, attention can be paid to the target resistance levels around 8 USD and 9 USD.
· Risk of technical failure: If $NEAR fails to hold above the 20-day EMA or falls back from the current resistance level, it may indicate that this breakout is a "false breakout," and the price may continue to correct.
· Beware of heavily controlled projects: Currently, there are some altcoins like MYX and COAI on the Binance Alpha platform, where the top ten addresses hold over 95%. Such heavily controlled projects are susceptible to manipulation by the whales, experiencing extreme volatility, and carry high risks. Careful discernment is needed when selecting and discussing projects.
· Market dependency: The trends of altcoins have a strong correlation with Bitcoin ($BTC $). If Bitcoin's price declines significantly, the bullish expectations for $NEAR may also change.
In summary, from a purely technical analysis perspective, $NEAR does indeed have the potential for an upward movement due to this technical breakout. $BTC #NEAR