Post
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Altcoin Liquidity Update β May 12
Altcoin liquidity has seen a slight improvement recently, and fundamentals are also showing mild recovery. This opens up some room for tactical plays. π―
Keep a close eye on coins appearing in the gainers and losers tables. Monitor buy/sell ratios to identify short-term opportunities with favorable risk-reward setups. Execute quick trades when the data aligns.
UNI has already been prepped and is now moving. Current price: $3.82. π
PEPE at 0.00000429 hasn't shown clear momentum yet but may be worth preparing for a potential entry. β³
For those who followed the BZ play after the circulating supply reduction, the position is still holding. Set a trailing stop on UNI at $3.70. For ENS buyers, trail your stop at $7.10. Refer to yesterday's coin analysis for full details. π
For long-term holds, OKB at $86.8 is worth watching. A solid value coin with strong ecosystem development potential. π¦
πΉ Primary Market Insights
On-chain liquidity in the primary market remains normal. Patience is key. The ETH chain continues to show high activity β worth monitoring closely. π
MEME project Lobster, backed by Binance and Huobi, currently has a market cap of $7.6M. Consider small mid-term accumulation. Target: 5x or more. Note that the adjustment phase may take time β patience required. π¦
New NFT innovation project uPEG is worth tracking. It saw a significant correction yesterday, now at $8.8M. Innovation is a rare trait here. Keep it on your radar. A deeper correction could present a small entry opportunity. π¨
Hot new trend: Sato on ETH. High recentηεΊ¦, now at $23.4M after a sharp pullback. Innovation-driven project. Consider small positions on further dips. π₯
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