Market overview The market’s showing strong speculative momentum. $SKR , $ZORA and $HEMI are leading the move, while #FLOCK are also holding strong gains. My main concern is that these coins have already moved sharply, so volatility and sudden profit-taking can be aggressive. I’d keep leverage low and wait for confirmation around the levels below.
Altcoin momentum is aggressive today, with several Perps printing huge gains. $SKR is leading at +160%, followed by $ZORA , $UAI and #ZKC .
The trend is bullish, but these moves are stretched. I’d wait for pullbacks instead of chasing green candles. BTC weakness could trigger sharp altcoin retracements.
ZKC’s up around 37%, and the momentum looks healthy so far. Still, after such a move, I’d rather wait for price to cool down.
My area to watch is 0.0588–0.0608.
SL: 0.0565 TP: 0.0640 / 0.0680 / 0.0730
I’m looking for buyers to defend the pullback before considering an entry. If it runs without me, that’s fine—I’d rather protect the trade than chase it.
ZORA’s caught my attention after pushing more than 50% today. The momentum’s clearly with buyers, but I wouldn’t want to enter after a vertical candle.
I’d watch 0.0089–0.0094 for a healthy pullback.
SL: 0.00845 TP: 0.0102 / 0.0110 / 0.0120
If buyers step back in around the entry zone, that’d give me much better confirmation.