LINK

LINK's price recently rebounded after touching the lower edge of an ascending channel (blue parallel channel) and has been rising for three consecutive weeks. As of writing, it is priced at $14.7.

Though the gains are modest, the steady upward trend indicates a generally bullish market sentiment, making the current price a relatively good entry point. Investors may consider buying spot positions below $15 for long-term holding. Based on the historical high of $53, there is approximately 250% upside potential.

SUI

SUI's price pulled back after breaking out of a long-term ascending triangle (yellow triangle) but found support above the triangle, around the Fibonacci 0.236 level.

Recently, the price broke out of a descending wedge and surged rapidly with increasing volume, signaling strong bullish momentum. The price began retracing near $3.9. If it retraces to the Fibonacci 0.5 or 0.236 levels, investors could consider establishing long positions or buying spot. The former is a support zone, while the latter aligns with the wedge’s upper boundary and a high-volume trading zone.

Key reference points: 

Direction: Long

Entry: $2.83 / $2.3 (Fib 0.5 / 0.236)

Take Profit: $5 / $11 (Wedge and Triangle TP)

Stop Loss: $1.99 (Previous Low)

NEAR

NEAR's price recently broke below a rectangle pattern (purple parallel channel). Based on technical analysis, the target price is around $1.5.

This level coincides with a high-volume trading zone and the long-term trendline (yellow line) support zone. Investors can wait for the price to reach this level before establishing long positions or buying spot for long-term holding. Take-profit targets, based on the pattern (green line), can be set around $13, with a second target at the historical high of $20.

Key reference points:

Direction: Long

Entry: $1.5

Take Profit: $13 / $20

Stop Loss: $0.98 (Previous Low)

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.