In the context of the current situation in the market, when the seasonal growth cycle has ended and most large-cap coins will tend towards flat trends with declines alongside the top coins, weaker projects are awaiting a new announcement of the monitoring tag assignment, leaving few interesting tools for speculators aside from the most oversold coins in the market. Besides the coins from the delisting announcement, which have already shown good pumps and may provide additional multiples before the actual delisting, the most oversold are fan tokens, which have long been in a bear market. The bear trend is almost over, and the ground for significant breakouts has formed. Currently, the highest targets are held by ATM ASR with a growth potential of up to 150% at average volatility and up to 4-5X at high volatility. City ACM can also be considered with a potential of 70-80% at average volatility and up to 100-120 at high volatility.
In this article, I want to discuss ATM, which is in the most interesting position along with ASR. The main area for position accumulation is the range of 0.900-1.075, from where a successful breakout occurred. If the price consolidates above the curves and the level of 1.25, a sharp increase in volatility and a trading range of 1.25-2.5 can be expected. Breakouts in fan tokens happen very sharply. The potential can be assessed by the example of the February impulse of JUV. There is an opportunity for an impulse until the end of the current month, that is, already at the beginning of the week. Then, until mid-May, there is a negative period during which Ethereum may reverse to 1500, which could lead ATM to retest the formed trend line or the position accumulation range. The minimum level at the current emission is the range of 0.5-6, which can be reached if Ethereum retraces to 1250, which is currently unlikely. As we approach mid-month until the beginning of June, buyer activity will begin to increase, and new opportunities will appear for a return to the trend line in case of a downward breakout, as well as for the impulse. The main target is to retest the range of 2.1-2.5. In case of a breakout of the key level of 2.5, there is an opportunity for additional growth in volatility up to testing the levels of 5 and 7.5.
I want to note that fan tokens are extremely low liquidity, and I do not recommend using a large position in the operation due to the possible long accumulation before the breakout, and prolonged drawdowns in the absence of an impulse during the buying season.
I have detected a discrepancy in the emission data of Lazio, Porto, and Alpine. I will consider them for work in the second instance in case of a general bull run in fan tokens. The highest targets are held by ATM, ASR, and City ACM.
