WLD
On weekly timeframe, WLD seems to have resolved the imbalance created on the way up, but I don’t see the selling pressure decreasing, even if we reached a good support level.
On daily timeframe, a fib retrace would show the first target to 1.4$, nevertheless we also need to take into account fundamentals and other actions that might impact the price – as far as i remember, WLD will have a huge daily token unlock for 730 days (ref https://www.binance.com/en/square/post/2024-06-29-wld-token-set-for-major-linear-unlocking-10130957428234) , which will most likely tank the price. I would not consider this coin for neither short or long term.
SAGA
SAGA seems to attempt a consolidation, we have a small divergence in going on, but i don’t see any buying pressure. There’s also a lot of target confluences at 0.38$.
The trend will need to break the trendline and go above 2$ in order to change from bearish to neutral.
ZK
ZK is still very new, on 4H TF is looking good, it consolidated and made a few higher lows, currently above the VRVP POC and close to the 0.618 fib level, if it breaks we might see a retest of 0.19$, 0.22$ respectively, or even an ATH.
I would consider selling if it loses 0.15$ support or continue DCA with the next support levels.
MASA
MASA is in a good place right now, consolidating at the last support, close to the bearish trendline, we might see some moves on this coin over the next 2-3 weeks.
NIBI
I don’t see volumes on this coin, it lost potential support levels without any kind of buying pressure, I wouldn’t look at this coin until I see some consolidation in price, right now it looks very bearish.
OMNI
OMNI is also relatively new, the price attempted to consolidate around this level but most likely it will go to the next support levels.
BBL
BBL is not in a bad spot right now, it’s trying to consolidate around the current price, and it’s close to the bearish trendline which could reject it and send him lower. Let’s see how the market moves over the next 2-3 weeks.
SQT
SQT broke the trendline but the price is still shy, I don’t see any volumes, no buying pressure, we still need more info on this coin, let’s revisit this also in the next weeks.
AEG
Nothing much to say about AEG, there’s no buying pressure at all, no attempts at consolidation, no volume, I wouldn’t touch this coin.
NGL
Same as AEG, we need to see some price movement before being interested in these coins, it tried to consolidate but it failed and got rejected from VRVP POC, so it will most likely go lower.
