🧬 Solana
▶️ Playing out a bearish divergence on the 1D timeframe after running up to $126. Price broke below its local uptrend and lost support at the 50 DMA ($109).
▶️ Primary scenario: continuation of the correction, with the RSI dipping to 50 and price testing the 50 WMA at $96. A new rally could kick off from this zone with a target of $140.
🟠 Zcash
▶️ Played out the previous scenario well, pushing above $1 400 before entering a correction. The local uptrend is broken; price has reached the first buy zone at $1 200 and is finding support at the 50 DMA.
▶️ ZEC still looks overbought after a 200% pump in a month, while the main uptrend relies on the 50 WMA ($560). A full resumption of the macro bull trend implies a retest of major support (50 WMA), which could open up buying opportunities in the $1 000, $900, and $600 zones.
🕸 NEAR Protocol
▶️ We previously analyzed NEAR's massive Double Bottom pattern with key resistance at $4 and a macro target of $20. Price successfully broke through this level and is now trying to consolidate above it, currently trading around $5.
▶️ The coin has entered a sideways range following BTC. If NEAR holds above $4 during a broader crypto market pull-back, we are already in a buy zone, with the next target zone sitting at $8-$10.
💧 Sui
▶️ Broke above the 50 WMA but failed to clear resistance at $1,3. Currently in a consolidation phase as buyers gather strength.
▶️ As long as Sui stays above the 50 WMA, the entire range remains a buy zone. A breakout and solid close above $1,5 will signal the next big pump.
P.S. To answer the question of where TAO, LINK, JUP, and others are in advance — they are waiting for your 👍!