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50 DAY $BTC WHALE FARM IN PROGRESS 50 Day Whale Farm, Community Challenge in Progress. - Since the 30% decline from the October 2025 Bulltrap (See Sunday Oct 12th to Sunday October 26 Closers for reference) BTCUSD has been in a 50 day whale farm with an average catch floor of 85k with a low of 81,600k. This has been an endurance test by whales to see if the community can push past resistance without assistance from traditional finance. IMO I don't see many of them cashing out their gains to turn around and chase this market. This is a War between the 7% majority and it's OG Whales. I would rather have the floor break and continue a full -70% reduction from the top than let Corporations and Monopolies like MicroStrategy control the market with their Moby Dick Whale Size Bags this early in BTCUSD life cycle. #NFA CRYPTO:BTCUSD BITSTAMP:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSD
BITSTAMP:BTCUSDShort
by MikeyLikesDips
This Solana Meme Coin Is Setting Up for a 600% MoveQuick heads-up on a Solana meme coin that just caught our radar again. LOOK (SOL: $LOOK) is starting to wake up Over the last 24 hours, $LOOK pushed up around 12%, trading near $0.025 with volume jumping above $1.2M. That may not sound crazy at first glance, but context matters here. This is the same token that ripped to an all-time high of $0.1307 back in November. Since then, it’s been in a steady cooldown phase… until now. Right now, LOOK is still down over 80% from its peak. Historically, this is exactly the zone where this token has shown a pattern of explosive reversals. Technical Overview $LOOK has repeatedly shown strong price spikes after periods of downward pressure and falling wedge formations. We’re seeing that same pattern again. Price has been compressing, volume is starting to re-emerge, and momentum looks like it’s quietly rebuilding. Also, RSI is sitting around 39. That tells us buying pressure is still relatively low, meaning this move hasn’t been crowded yet. In past cycles, $LOOK has tended to move hard once RSI starts climbing from these levels. Furthermore, the recent uptick in trading activity suggests real participants are stepping back in—not just random low-liquidity noise. That’s usually the early signal before momentum traders pile in.
CRYPTO:LOOK2USDLong
by DEXWireNews
SOLANA: Wave Energy on the Threshold of ImpulseSOLANA: Wave Energy on the Threshold of Impulse Based on the current wave structure, Solana is completing its corrective phase and preparing to form a new movement. The chart shows a transition from sideways momentum to a more pronounced impulse, which could set the direction for the near term. Primary scenario: After the correction ends, a downward impulse sequence is expected to develop. Alternative scenario: If the market consolidates above recent highs, it could continue to rise, delaying the start of a new downward wave. Idea for traders: Watch for confirmation of the structure on lower timeframes and enter only after clear reversal signals appear. Risk management: Use clear stop levels and adjust your plan as new impulses emerge. Friends, more wave analysis is available in our profile. Subscribe to stay up to date with wave analysis!
CRYPTO:SOLUSDLong
by Trade_Hive_Signals
Solana: $178 Holds - Next Step To $200+📈 Solana (SOL/USD) – Technical Review — August 2025 - Support at $178 (20-day EMA) is keeping the price from falling. A rebound from this zone provided growth to $190-195. The current price is around $193. - Technical “Buy” signals: Bitget is a pure BUY on the daily chart (13 Buy vs 4 Sell), TipRanks — Strong Buy, TradingView — Buy (weekly and monthly timeframes). - Market volumes and dynamics: Growing trading volumes and maintaining upward dynamics confirm the upward momentum. - Next growth targets: the nearest resistance is $200-205. A breakout of this range will open the way to an extension of the movement to the $220-250 area. Conclusion: SOL is showing a solid bullish trend. Key area to watch is $178-$180: holding above confirms upside potential to $200+. Breakout of $200 will open the way to new highs. Recommendation: - Buy on dip: rebound from $178 - Buy breakout: on volume breakout of $200 - Stop-loss: can be placed below $178 - Targets: $200 → $220 → $250
CRYPTO:SOLUSDLong
by Trade_Hive_Signals
Solfun. Troll's growth: fundamentals versus technical analysis500% in one day — and not a single clue on the chart The Troll token gained more than 500% in one day. Such movements are not uncommon for the Solana memetoken market, but this case is indicative. If someone had tried to predict the growth using technical analysis, they would have been left with nothing: there were no patterns on the chart; there was no break in the structure; the indicators were silent The reason is simple — most new tokens on Solana don't even have a trading history to build technical analysis on. In addition, the average meme token rarely lasts more than a week, and a significant portion of projects turn out to be scams. In the case of Troll, the impetus was not the chart at all, but a Twitter post from the Pump.fun account mentioning the token. It was this factor that triggered a wave of purchases, which led to a 750% increase at its peak. When the chart is silent, fundamentals speak In the world of memecoins, fundamental analysis is a quick snapshot of key metrics that can be checked in the first minutes of a token's existence: supply distribution; the share of bots among holders; activity on social networks; the presence of suspicious large addresses. If you answer each of these metrics for yourself, you can already form a basic understanding: is the token worth paying attention to, or is it better to pass it by? You can either collect all the necessary data yourself or switch to automation by using a cumulative integral indicator that combines all of this into a single number — the token's reliability percentage. This percentage is a key metric that many traders rely on when making decisions. It is formed from a whole set of factors: uniformity of token distribution; degree of decentralization; real audience activity; abnormal transactions; dynamics of interest on social networks. This is the percentage that many traders look at first: if it is below 20% , the project is immediately rejected. Automation instead of manual analysis Collecting such data manually takes too long. By the time a trader checks the distribution of supply, holders, and activity on social media, the desired deal may already be gone. Therefore, the market has gradually shifted to automation. There are now many browser extensions that analyze tokens and indicate the final reliability percentage instead of the trader. In my case, SolFun is just one such tool, a standard within the Solana ecosystem. The extension is built directly into the Pump.fun interface, works in real time, and aggregates key metrics into one convenient indicator. In the case of Troll, SolFun showed 61% reliability — a high level for a new token amid a flood of daily scam projects. Conclusion The story with Troll is just an illustration of a general pattern in the Solana memetoken market: technical analysis is often useless. What matters here is the speed of obtaining information and the ability to quickly filter the flow of projects. Either manual work or connecting automation in the form of SolFun and other extensions. The speed of analysis is especially important in an environment where every extra hour can cost you a missed deal.
MEXC:TROLLSOLUSDT
by RyanRelo
2
MOODENG Looks Super Bullish (1D)After a series of significant drops, MOODENG has reached a golden zone and has accumulated buy orders, which suggests that it may have established a price floor. Given the break of the medium-term descending trend line and the strong buy orders being fed from a solid source, we expect MOODENG to start an upward trend that could last for 2 to 3 months. The upper green box is the Rebuy area. A weekly candle closing below the upper green box (which is our Rebuy area) will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
MEXC:MOODENGUSDT
by behdark
4
MEW Looks Bliish (4H)An important trendline has been broken, and the price has pulled back to it. Within the internal structure of the pullback, a bullish iCH has also formed. During minor pullbacks, it’s possible to look for buy/long positions on the MEW pair. A daily candle closing below the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
BYBIT:MEWUSDTLong
by behdark
3
Breaking: $TRUMP Set to Go Parabolic Amidst Golden Cross PatternThe price of Trump coin is set to go parabolic with an anticipated 120% surge on the horizon amid forming a golden cross pattern- a pattern formed when the 50-day MA crosses above the 200-day MA resorted to a trend reversal. Further solidifying the bullish thesis is the fact that $TRUMP coin has broken a bullish pennant earlier on surging 70% for the past 5 days. With the RSI at 46 and the anticipated Trump’s private dinner for TRUMP $TRUMP token holders, this Polit-Fi memecoin on Solana could be the catalyst for the next bull run. While already down 9% for the past 24 hours, this is a market shake-off to, accumulate liquidity for the big pump up. However, should $TRUMP coin experience selling pressure, the possible retracement level will be the $11.55 support pivot. OFFICIAL TRUMP Price Data The OFFICIAL TRUMP price today is $13.69 USD with a 24-hour trading volume of $1,162,628,325 USD. OFFICIAL TRUMP is down 9.58% in the last 24 hours. The current CoinMarketCap ranking is #35, with a market cap of $2,738,579,157 USD. It has a circulating supply of 199,999,397 TRUMP coins and a max. supply of 999,999,993 TRUMP coins.
BINANCE:TRUMPUSDTLong
by DEXWireNews
$MOTHER Gearing for 450% Surge Amid Breaking This Fib LevelsThe price of SET:MOTHER a memecoin with no intrinsic value built on the Solana ecosystem is set to go parabolic with an anticipated 450% surge if it should breakout from this key Fibonacci levels. For the past 24 hours, the SET:MOTHER coin on Solana has surged 25% already gearing to break the 78.6% Fibonacci retracement point, with each level bridged, the SET:MOTHER token is poised to gain momentum milestone per milestone overcome with the 65% Fib waiting as the preceding level to be broken to pull the 450% breakout. The SET:MOTHER token has already being listed on key CEX like Gateio, BingX, HTX, Bitget, and CoinEx, etc. and with a growing community of 26.5k on Twitter, the SET:MOTHER coin might just pull out the 450% surge breakout Mother Iggy Price Data The Mother Iggy price today is $0.020537 USD with a 24-hour trading volume of $2,966,793 USD. Mother Iggy is up 25.75% in the last 24 hours, with a market cap of $20,252,618 USD. It has a circulating supply of 986,143,154 MOTHER coins and the max. supply is not available.
RAYDIUM:MOTHERSOL_HCPGH6.USDLong
by DEXWireNews
Breaking: Goatseus Maximus ($GOAT) Spike 30% TodayGoatseus Maximus ( MIL:GOAT ) The First meme created by truth_terminal has spiked 30% today reclaiming the $70 million market cap. Goatseus Maximus ( MIL:GOAT ) a memecoin on the Solana ecosystem has seen a notable uptick of 30% today amidst a bullish momentum. Since listing, MIL:GOAT has seen a notable surge of 1,800% before sharply retracing losing about 97% of market value albeit listed on big CEX like OKX, Bybit, Gateio, etc. With growing momentum and the RSI at 65, these metrics are pointing to an impending breakout should MIL:GOAT hold the bears at this point, without dipping below the current support pivot, MIL:GOAT might just be on the cusp of a breakout. Goatseus Maximus Price Data The Goatseus Maximus price today is $0.077686 USD with a 24-hour trading volume of $111,333,197 USD. Goatseus Maximus is up 21.09% in the last 24 hours. The current CoinMarketCap ranking is #399, with a live market cap of $77,685,698 USD. It has a circulating supply of 999,993,519 GOAT coins and a max. supply of 1,000,000,000 GOAT coins.
RAYDIUM:GOATSOL_9TB2OH.USDLong
by DEXWireNews
$WEN Set for 500% Surge Amidst Breaking Out of 38.2% Fib LevelThe price of the cat-themed memecoin ( NASDAQ:WEN ) is to go parabolic should the asset break pass the 38.2% Fibonacci retracement level. NASDAQ:WEN coin, a memecoin built and integrated in the Solana ecosystem has since surge 4000% in Month of March, 2024 but the asset sharply experience a pullback losing about 96% of market value. NASDAQ:WEN is gearing up for a bullish reversal move, should this cat-themed memecoin break out of the 38.2% Fib level, the 500% surge might be feasible, given the growing interest of the Solana blockchain. The RSI at 56 is also hinting on a bullish campaign as it is neither oversold nor overbought. Other factors that posits to this rally is the Market cap. With a market cap of $19.7 Million, this asset is prime for a comeback to reclaim $144 million market cap with an anticipated listing from Binance, this asset could be the next big thing on the Solana ecosystem. This memecoin is already listed on 30+ CEXs and DEXes. Notably, NASDAQ:WEN 's 24 hour trading volume has since increase by 32% to $3.5 Million hinting on a growing interest on the meme coin. With the recent ATH of $300 million in market cap, compared to the present market cap of $19.7 million and a growing community of 155k on X, this memecoin might just be the ticking bomb you are neglecting. What is Wen? Wen is a Solana-based memecoin that originated from a poem. Each WEN token represents a small piece of the poem “A Love Letter to the Wen Sisters.” Written by Meow, the pseudonymous creator of the Jupiter decentralized exchange (DEX), the poem was the first NFT to be minted using the WNS standard and then split into tradable tokens. The WEN memecoin was developed by the Jupiter team before airdropping Jupiter’s native token, JUP, to DEX users.
KRAKEN:WENUSDLong
by DEXWireNews
Breaking: Ghiblification ($Ghibli) Surged 30% TodayThe price of Ghiblification ($Ghibli) surged 30% today, amidst growing momentum. Created on the Solana ecosystem, Ghiblification ($Ghibli) has come with a different hype to the crypto and media industry where users can create cartoon and animated character of their pictures. Notable industry leaders like Elon Musk, Mark Zuckerberg, and CZ of Binance has key into the hype bringing the Ghiblification hype to life. Technical Outlook Unto the technical aspect, $Ghibli is up 30% as of the time of writing, approaching key psychological resistant point. A break above this point could send $Ghibli on a bullish course to $50 million in market cap as the $Ghibli hype is still ripe. With the RSI at 64, $Ghibli is still poised for another legged with increasing momentum and user acquisition. While not listed not major exchanges, this only gives more credence to our bullish thesis on $Ghibli as more CEX listings equates to massive adoption and buy transactions.
CRYPTO:GHIBLIUSDLong
by DEXWireNews
Breaking: $BUTTCOIN Spikes 50% Gearing Up For 100% Surge The price of "The Next Bitcoin" ($Buttcoin) broke out of a bullish symmetrical triangle pattern soaring 50% and setting sail for 100% voyage amidst build-up momentum and increase hype. Based on the 4-hours time chart, the asset broke out of a presumed symmetrical triangle pattern albeit the crypto market was overall consolidating yesterday. The 4-hour price chart depicts a typical three white crow pattern, a pattern generally seen as a continuation of a current trend with ($BUTTCON) gearing up for a 100% surge as hinted by the Relative Strength Index (RSI) at 77. What is The Next Bitcoin? Buttcoin (BUTTCOIN) is a playful twist on the cryptocurrency landscape, embodying the spirit of a meme while functioning as a real token. Launched on January 30, 2025, on Pump.fun, it’s a community-driven memecoin on the Solana blockchain. The concept was inspired by a humorous 2013 YouTube video by James D. McMurray, which satirized Bitcoin's complexities and introduced Buttcoin as a simpler alternative. The Next Bitcoin Price Live Data The live The Next Bitcoin price today is $0.024262 USD with a 24-hour trading volume of $14,482,140 USD. The Next Bitcoin is up 50.31% in the last 24 hours, with a live market cap of $24,241,574 USD. It has a circulating supply of 999,151,679 BUTTCOIN coins and a max. supply of 1,000,000,000 BUTTCOIN coins.
RAYDIUM:BUTTCOINSOL_63AMWN.USDLong
by DEXWireNews
4
$DAKU Set for A 50% Surge Amidst Bouncing From Support Point Der Daku ($DAKU) a token created and deployed on the Solana blockchain from the pump.fun platform has graduated from a bonding curve and transition to Raydium a DEX on the Solana ecosystem is set to break with an estimated 50% surge. The asset is trying to find support in the $0.045 pivot. Should $DAKU consolidate from that point, a breakout is imminent without major CEX listings and a thriving community with about 19300 members on Telegram and about 1039 followers on X. This Dog-themed memecoin on Solana ecosystem could be the next big thing with the RSI at 44.52 this only proffers more room for a breakout albeit the crypto market is highly volatile. The $0.07 pivot is acting as a resistant point should buyers break above this point, $DAKU will be setting course for a new all time high price.
DLong
by DEXWireNews
$LUCE Gearing For A Comeback Amidst Bullish Symmetrical TriangleLUCE token ( LSE:LUCE ) a token created on the Solana ecosystem is set for a parabolic surge after breaking out of a symmetrical triangle pattern. The asset has undergone multiple trough and crest pattern prior the market's volatility. So many assets faced extreme selling pressure for the past 2 days amidst Donald Trump's Tax Tariff laws, a move that saw about $2.85 trillion wiped out from the US stock market yesterday. However, LSE:LUCE managed to break of a symmetrical triangle pattern despite the dip, setting its compass above the 1-month high. Should LSE:LUCE breakout of the 1-month high resistant point, a move to a $50 million market cap will be inevitable. With listings from Bybit, Gateio, MEXC, Bitget, BingX, HTX and quiet a number of exchanges, LSE:LUCE could be the catalyst to spark the next cycle of memes in the Solana blockchain. LUCE Price Live Data The live LUCE price today is $0.013456 USD with a 24-hour trading volume of $7,003,198 USD. LUCE is up 0.75% in the last 24 hours, with a live market cap of $13,455,554 USD. It has a circulating supply of 999,999,996 LUCE coins and a max. supply of 1,000,000,000 LUCE coins.
RAYDIUM:LUCESOL_HQWSAX.USDLong
by DEXWireNews
Breaking: $FARTBOY Gearing for 250% Surge Amidst A Falling WedgeThe price of Fartboy coin ($FARTBOY) a token created on the Solana ecosystem is set to go parabolic surging more than 250% amidst breaking out of a falling wedge pattern. The asset is currently looking poised to breakout of the support point range it is currently trading at. Since listing, $FARTBOY has peaked to as high as $189 million in market cap before retracing to the $33.4 million market cap. With build up momentum, $FARTBOY is set to pull out this same stunt in the long term. Further solidifying this bullish thesis is the Relative Strength Index (RSI) at 36.68, this metric gives credence to our bullish speculation giving Fartboy more room to capitalize on the oversold nature and weak momentum to pick liquidity up. About Fartboy Project is CTO'd by big community over 100k people. X is on 2k followers in 2 days. In talks with some big exchanges hope to get listed everywhere. This coin was called out via a call out group. People were loving it and then one of the guys who were invested before we even knew about it dumped on us. If you check the chart im sure youll see we made a heck of a comeback! Fartboy Price Live Data The live Fartboy price today is $0.033473 USD with a 24-hour trading volume of $669,858 USD. Fartboy is up 0.92% in the last 24 hours, with a live market cap of $33,454,631 USD. It has a circulating supply of 999,440,457 FARTBOY coins and a max. supply of 999,440,457 FARTBOY coins.
RAYDIUM:FARTBOYSOL_DHHVD5.USDLong
by DEXWireNews
Breaking: Raydium ($RAY) Surge 15% TodayRaydium an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX) saw its native token NASDAQ:RAY surge 15% today amidst general market volatility. The asset while trading at the $6- $8 axis just a month ago lost almost 80% of total value plummeting from a high of $8 to almost $1.5 causing panic selling behaviour. But momentum is brewing up. A move above the 61.8% Fibonacci retracement point could catalyse a bullish move for NASDAQ:RAY with a move to the 1-month high resistant. Similarly, with the RSI at 60, NASDAQ:RAY might experience a temporary cool-off a move that might lead to a consolidatory move to the 1-month low that is not too far from the current market price. Raydium Price Live Data The live Raydium price today is $1.86 USD with a 24-hour trading volume of $260,230,671 USD. Raydium is up 15.98% in the last 24 hours, with a live market cap of $541,218,025 USD. It has a circulating supply of 290,847,971 RAY coins and a max. supply of 555,000,000 RAY coins.
BINANCE:RAYUSDTLong
by DEXWireNews
Just In: $TRUMP Dips 5% Down to $10.86 Pivot Trump token a coin created in the start of the year 2025 that saw a noteworthy uptick surging from a low of $3 to almost $80 dips 5% today retracing to the $10.888 support point amidst general crypto landscape. The 78.6% Fibonacci retracement point is acting as support point for $TRUMP a break below that level could lead to the 1-month low axis as the RSI is weak presently at 37. Similarly, a break above the 38.2% Fibonacci retracement point could spark a bullish reversal move or a temporary reprieve albeit the crypto market is volatile at the moment. OFFICIAL TRUMP Price Live Data The live OFFICIAL TRUMP price today is $10.84 USD with a 24-hour trading volume of $476,149,181 USD. OFFICIAL TRUMP is down 5.55% in the last 24 hours, with a live market cap of $2,167,125,027 USD. It has a circulating supply of 199,999,527 TRUMP coins and a max. supply of 999,999,993 TRUMP coins.
CRYPTO:TRUMPOFUSDLong
by DEXWireNews
$A47 Coin Set for Breakout Amidst Bullish Symmetrical TriangleAgenda 47 ($A47) a token built on the Solana blockchain that aims to be a movement for patriots, degens, and meme enthusiasts who believe in financial freedom and fun. Inspired by Trump’s vision of economic empowerment, combining the power of memes and blockchain technology to build a decentralized financial ecosystem is set for a massive breakout amidst a bullish symmetrical triangle formed on the chart. Since the last week of February, 2025 Agent 47 coin consecutively saw an uptick in price leading up to a massive 21,000% in just 20 days. While still trading above key Moving Averages and the Relative Strength Index (RSI) sitting at 56, a 50% surge isn't far fetched given the Symmetrical triangle pattern. With momentum gradually increasing, a breakout above the ceiling of the symmetrical triangle will be the spark Agent 47 coin needs to spark a renaissance. AGENDA 47 Price Live Data The live AGENDA 47 price today is $0.037771 USD with a 24-hour trading volume of $946,453 USD. AGENDA 47 is up 5.78% in the last 24 hours, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
CRYPTO:A47USDLong
by DEXWireNews
$PWEASE Coin surged 29% Today Amidst Falling Wedge Pattern$PWEASE coin built on the solana blockchain, created on the Pump.fun platform graduated from a bonding curve and is making waves surging 29% for the past 24 hours with eyes set on a 100% surge amidst 2 consecutive falling wedge patterns identified on the chart. With the RSI at 54.43 this gives more room for $PWEASE to capitalize on the wedge and pick momentum up. If this move should materialize, $PWEASE is set to break the recent All time high of $0.03884. Pwease Price Live Data The live Pwease price today is $0.028897 USD with a 24-hour trading volume of $31,547,475 USD. Pwease is up 29.32% in the last 24 hours, with a live market cap of $28,895,321 USD. It has a circulating supply of 999,926,221 PWEASE coins and a max. supply of 1,000,000,000 PWEASE coins.
RAYDIUM:PWEASESOL_9FMDKQ.USDLong
by DEXWireNews
$FARTBOY Coin Needs To Break this Price Levels for A ComebackCTO'd by big community over 100k people. This coin was called out via a call out group. Built on the Solana ecosystem $FARTBOY has surged to about $180 million in market cap since listing before retracing to $62.87 Million in market cap. While presently down 7.34%, chart pattern hints at a bullish reversal should $FARTBOY break the 78.6%, 61.8% and 38.2% Fibonacci retracement pivots that aligned with the $0.078, $0.1041 and $0.1392 respectively. With the 2 hours RSI at 45 and buying momentum increasing, $FARTBOY might be on the cusp of a bullish reversal in the short term. Fartboy Price Live Data The live Fartboy price today is $0.062186 USD with a 24-hour trading volume of $2,249,700 USD. Fartboy is down 14.62% in the last 24 hours, with a live market cap of $62,151,293 USD. It has a circulating supply of 999,440,457 FARTBOY coins and a max. supply of 999,440,457 FARTBOY coins.
CRYPTO:FARTBOYUSDLong
by DEXWireNews
[Long] TOKENUSDT from Tokenfi. RWA's on the blockchain.Hi Traders, The swigly line on the indicator indicates a reversal. As you can see on January 30th, 2024 the swigly line indicated a reveral. With Ethereum potentially going up to $4800 you can imagine that TOKEN from Tokenfi will go up to .60 cents or more. Token from Tokenfi will put real world assets (RWA's) on the blockchain. Recently a few "premium" members on Tradingview boosted my previous ideas about TOKEN from Tokenfi. I take this as a sign that when Bitcoin and Ethereum go up TOKEN will do the same. TOKEN is a project from the leaders at FLOKI coin. It bottomed out many months ago at .024 cents. It's now at .027 cents. On the daily chart it shows the top area of interest is around .30 cents on the Maxwell Suite indicator (not shown) When Ethereum goes up to $3500 you will see TOKENUSDT go to around .35 cents and climbing. You can also see that on January 14th, 2025 the red line on the Machine Learning Indicator from Luxalgo which is in the middle of the bars has changed to blue indicating the reversal and uptrend had started. (Just barely) but you're getting in super early.
BYBIT:TOKENUSDTLong
by SolanaMemeCoins
MUSKIT Wild Run – 2300% Surge Followed by a 92% Drop– What Next?The Solana-based meme coin, Musk It ($MUSKIT), which draws inspiration from Elon Musk and his ventures, experienced an explosive 2300% surge before suffering a 92% crash in value. This extreme price fluctuation has left investors questioning whether $MUSKIT has the potential for a strong rebound or if it’s merely another short-lived pump-and-dump scheme. Market Sentiment and Recent Trends $MUSKIT's drastic price movement coincided with a broader crypto market shake-up. Bitcoin (BTC) dipped to $91K before rebounding to $101K, while Ethereum (ETH) fell to $2K before recovering. This reflects the volatile nature of the crypto space, where sudden price swings are common. Despite its steep decline, $MUSKIT maintains a market cap of $27,585,727.43. The coin remains largely unlisted on major centralized exchanges (CEXs), which means that future exchange listings could act as a catalyst for another price surge. Additionally, with a 24-hour trading volume of $3,985,854, market activity remains significant despite a 58.3% decline in trading volume. Technical Analysis From a technical standpoint, $MUSKIT is currently down 3.4% but showing signs of a potential reversal. The Relative Strength Index (RSI) stands at 46, indicating that the coin is neither overbought nor oversold. This suggests that the bears are not in complete control, and a recovery to the upside remains a possibility. A key pivot level to watch is $0.07278, the coin’s all-time high recorded just four days ago. If $MUSKIT can regain momentum and break resistance levels, it could reclaim previous highs and continue its upward trajectory. However, failure to hold support could lead to a further decline toward $0.008864, its all-time low recorded two weeks ago. Is There Hope for a Rebound? 1. Strong Market Performance Compared to Peers In the last 7 days, $MUSKIT has risen 148.4%, outperforming the overall crypto market (down 6.4%) and similar meme cryptocurrencies (down 23.6%). This relative strength suggests that investor interest remains high. 2. Potential for More Exchange Listings Currently, $MUSKIT is primarily traded on Raydium (DEX) and MEXC (CEX). Additional CEX listings could boost liquidity and attract new investors, potentially fueling another rally. 3. Market Sentiment and Meme Coin Hype Meme coins thrive on community engagement and speculative hype. If Elon Musk acknowledges $MUSKIT in any form (as has happened with Dogecoin), it could significantly impact the coin’s trajectory. Conclusion While $MUSKIT’s massive pump and subsequent crash raise concerns, its relative strength against the broader market, decent liquidity, and upcoming catalysts suggest that it is not entirely doomed. However, traders should exercise caution, monitor key resistance/support levels, and watch for major exchange listings that could reignite momentum. As always, investing in meme coins carries high risks and high rewards, making risk management crucial for those considering a position in $MUSKIT.
MLong
by DEXWireNews