$EIGEN $PEPE $HYPE $VIRTUAL $SUI/SOL 🎯 My BUY & SELL levels
 Hi everyone. Welcome to today’s Altcoin Bible. If you wanna watch the full version of this episode where I dive into Bitcoin, a few extra charts, some custom charts, some of my short term trading setups as well, make sure to become a News lab subscriber by clicking the link below. All right, let’s crack straight in.
We have some cool charts to share with you today. So Eigen layer is, one of my wonder watches. I’m gonna mix and match some cherry eyes, wonder watches and give you some, some info there. Eigen here looks really nice and it looks great against Ethereum too. The base chain Ethereum, I’m looking for potentially Out performers, don’t really wanna buy Ethereum ’cause I think Solana and others are gonna outperform it over a longer period of time.
But as a short term trading set, I think Eigen again follows Ethereum. I think it’s been outperforming the. Eigen to F chart looks really nice as well. It’s got a very clear overhead resistance to flip. So that little circle there I’ve just drawn you. Flip that. We’re heading higher, so taking profits at around 2.1.
Looking to buy anywhere in this range here into the 10 EMA and the 20 danger zone is if this uptrend begins to break and we see some closes through there. But it looks like a lot of room to run for Eigen virtuals. Yeah, it’s been just a terrific performer, really capturing a lot of the ai agent narrative.
But it’s just been super, super strong and you can just see this beautiful technical wedge breakout. I love it when it looks that strong. I’m pretty confident that this is gonna move even higher. So I’ve, I whipped out the Fibonacci extension just before. To the high, to the drawback, and these are the kinda levels I’m very interested in.
So $3 up to three $54. Now I’m not saying it’s gonna do it just from this move it, it might, stop start, have a few pullbacks, all that. But that’s the trajectory. I think after a breakout from this kind of wedge pattern, you just double it. So minimum I think, is about that $3.
That’s where it starts to get a little bit choppy. But in the interim though, this looks really nice breakout in the RSI wedge pattern breakout. I think it’s strong to continue going. So if you are looking to maybe make a move on this, I personally would be looking to rebuy down here against the.
The wedge pattern breakout level. So down at $2 25. But again, this is a very strong, so I’m not sure you’re gonna have to maybe zoom in a little bit. You can go down to the four hour, have a little gander. I’d be concerned if it starts losing some of these shorter term moving averages. If it does, then it’s coming back down here.
Then danger zone would be about, under $2 20, excuse me, on the breakout. But this here, I think just looks pretty good. It’s curling up, wanting to go higher, cherry wrap as good as you likely gonna see. I’m gonna give you another cherry wrap here. And it’s actually Pepe, it’s at a, just a crucial level from just circling the areas where it’s been using this as a massive, breakdown or breakup area.
It’s like a point of control from mine. It’s above, its 200 day moving average. It’s consolidating in this upwards channel on that point. And I think it’s gonna blast up. That’s my feeling. So she’s cherry, right? RI is looking very flat at the moment, but this can, like we’ve seen, through here, PEP can just ramp.
So it is one of those kind of preemptive ones, but I think right here it’s consolidating the bottom of the channel and she’s ready to go to the upside. So if you are looking for entries, I think anywhere down to the 200, the 10, the 20 in this region here. Danger zone clearly for me would be, under this kind of area, but I’d be waiting for a daily close ’cause you’ll probably get chopped out if it does like a grab of liquidity and then goes higher.
But just generally, if you’re shorter term trading, I think managing that risk below that level is very sensible. And then to the upside, you’ve got targets. Through here that you can watch. This point, this volume pocket up here at two thousand’s, probably gonna be the first portal call and you can maybe look higher the all time high again, shorter medium term.
Trades are very active here. So hyper liquid is probably still my Bearish chart, but it’s had just such a tremendous run. I look at it and go, oh God, this is bullish, is held longer term, but in the short term as a, a short it’s a very, compelling case. So you’ve got this wedge channel moving higher.
It’s broken down from that, lost the 10 EMA on the eight hour, and you can go up to the daily as well, which I’d encourage you to do. But this here, this breakdown is very obvious to me and I think it runs probably back into resistance. So support now, turn resistance. And comes down here eventually into some of this volume and just tidies up some of this area through here, grabs some liquidity, and then it can move higher.
That’s the structure for a lot of these charts. When they’re going up, you get a, to the left shoulder, a big dip, either a right shoulder or it just powers through. So if the market’s in bullish state, they’re the type of patterns you can recognize. You buy the dip and you run it higher.
But you do want to, monitor if it doesn’t. Get bid at this level. If this level fails and we just keep going lower, then it’s going really low. It’s just retracing its entire move. So just be careful there, guys. Apart from that, have a wonderful day. We’ll catch again soon. See you later.
Bye.