THE HEATMAP IS GETTING INTERESTING. BOTH SIDES LOOKING TEMPTING. The brightest colors on $HYPE heatmap aren’t there for decoration. Strong bids continue to sit around $54-55 and the biggest liquidity cluster is stacked near $58-60 levels. The market loves making the obvious trade painful first. No strong bias from me here. Just waiting to see where the market decides to collect liquidity first.
$BONK is forming a rising wedge 👀 Price is making higher highs and higher lows inside a narrowing range, but momentum is fading as buyers struggle to push through resistance. The recent rejection near the upper trendline keeps the setup bearish. A confirmed breakdown below wedge support could trigger the projected move toward the downside target, while a breakout above resistance would invalidate the pattern. 📉⚠️ Watch for a decisive candle with increased volume. Bears have a slight edge unless bulls reclaim the upper trendline and flip momentum.
It turns out the best catalyst for $PUMP to push higher is: – not the $1.2B revenue with $1-2M daily – not the P/E ratio of ~1 – not the chart consolidating around the bottom for months …but the fact that a big influencer bought $1.5M of $PUMP and is now shilling it. Don't forget how he sent $NEAR from $1.2 to $3 within a week. I’ve told you many times: $PUMP is still massively undervalued when you look at the metrics.
$PUMP Same kind of idea. Sold into the big cliff unlock. Actually moving up afterwards as most of it seems to have been baked in and hedged going into the unlock. Now attempting to break this down trend from this year. Logical first target is that ~$0.0023 level if price can breakout and hold. Lots of speculation around this with airdrops and what not though so don't get too caught up in the daily noise. Would let the chart do the speaking primarily.