MARKET OVERVIEW OF ALTS
from the CryptoPrime team 06.06.2025:
#marketoverview #Web3 #token
#LPTUSDT
Volume - 358M/24h
The asset has started trading in a wide range, more than 40% within the week.
Currently, a descending channel has formed on M5.
If it starts to be bought back, I will open a #LONG position on a breakout of 7.912
#1000CHEEMSUSDT
Volume - 4M/24h
The asset is trading in a downtrend.
On M5, it is forming a cascade of low levels 0.0013990, 0.0013920.
In the event of a sharp drop in Bitcoin, I will monitor this situation for a breakout to #SHORT
#AERGOUSDT
Volume - 41M/24h
The asset has formed an ascending triangle during the uptrend and has covered the short imbalance.
There have been several tests on the trend line.
If there is another test and a squeeze to the lower boundary, I will attempt a #SHORT trade
Wishing everyone profits!!!