[Lower Point & Rebound Signal] PENGU, BONK, etc. Up to 70% Technical Rebound... Pay Attention to Short-Term Buying Force

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The rebound flow after a sharp decline can serve as a hint for the inflow of short-term buying. 'Dip' refers to the lowest price in the last 7 days, and 'Bounce' indicates the percentage increase from that low point. This allows us to examine both the technical rebound trend and market demand response. Stocks with a notable price recovery after a correction period may suggest the possibility of a trend reversal. We introduce assets with detected rebound trends based on recurring price patterns. [Editor's Note]


Top 5 Weekly Rebound Rates

① PENGU +70.53%, –8.69% Low point $0.009066 | High point $0.01704 | Current $0.015562

It showed a strong technical rebound, surging nearly 70% from the weekly low point of $0.009066. After forming a weekly high point of $0.01704, it underwent a slight adjustment and is currently trading at $0.015562. Bottom-fishing buying seems to have significantly impacted demand elasticity, and the breakthrough of the high point resistance is expected to be a turning point for further increases.

② BONK +35.35%, –1.88% Low point $0.00001296 | High point $0.00001755 | Current $0.00001722

It rebounded more than 35% from the low point of $0.00001296 to the high point of $0.00001755. Despite short-term profit-taking, the current price at $0.00001722 shows limited decline. Trading sentiment centered on meme coins has been revived, leading to active short-term liquidity inflow.

③ FARTCOIN +35.81%, –3.91% Low point $0.9423 | High point $1.28 | Current $1.23

It rose from $0.9423 to $1.28, recording a rebound of over 35%. Currently, it remains slightly suppressed at $1.23. The section showed clear mid-to-low-price buying, and a potential new trend reversal is suggested if it breaks above $1.30 in the short term.

④ WIF +26.58%, –2.11% Low point $0.7505 | High point $0.95 | Current $0.93

It rebounded from $0.7505 to $0.95 and is currently maintaining the $0.93 level. A weekly increase of about 26% was confirmed, with limited short-term adjustment. It could be in the initial phase of a medium-to-short-term trend reversal, with trading volume expansion being a key variable.

⑤ TIA +27.82%, –2.94% Low point $1.33 | High point $1.70 | Current $1.65

It rose from $1.33 to $1.70, rebounding by about 28%. Currently stabilizing at $1.65, with an adjustment of less than 3% from the high point. This can be interpreted as an early signal of recovery from the recent downtrend, with attention on whether the short-term rebound will lead to additional upward momentum.

Additionally, notable rebounds include ▲JUP (+22.84%, –1.16%) ▲SPX (+20.74%, –5.67%) ▲Arbitrum (ARB, +20.45%, –8.47%) ▲VIRTUAL (+20.36%, –2.28%) ▲Injective (INJ, +18.85%, 0.00%).

[The rest of the translation follows the same pattern]

After rebounding about 19% from the low of $10.08 to the high of $11.98, it is currently maintaining at $11.96 without significant adjustment. As a strong upward trend without correction, it is characterized by maintaining strong investment sentiment.

Additionally, the following assets showed high daily rebound rates: ▲Jupiter (JUP, +22.84%, –1.16%) ▲SPX6900 (SPX, +20.74%, –5.67%) ▲Arbitrum (ARB, +20.45%, –8.47%) ▲Virtuals Protocol (VIRTUAL, +20.36%, –2.28%) ▲Injective (INJ, +18.85%, 0.00%).

Assets with Limited and Expanded Daily Adjustment Range

Assets that maintained stable prices with limited decline from the peak after the rebound include ▲Ton Coin (TON, +3.91%, 0.00%) ▲USDC (+0.07%, 0.00%) ▲Dai (+0.04%, 0.00%) ▲BUIDL (0.00%, 0.00%) ▲Four (FORM, +0.53%, –0.35%).

Assets with significant declines from the peak after rebounding include ▲Sky (SKY, +7.07%, –7.77%) ▲Etena Staked USDe (sUSD, +0.18%, –5.93%) ▲USDS (–0.01%, –3.99%) ▲SPX6900 (SPX, +9.53%, –2.87%) ▲PayPal USD (PYUSD, +3.98%, –0.08%).

Short-term profit-taking has been observed near the peak, causing price adjustments. Particularly, Sky has declined nearly 8% from its peak, indicating a notable short-term selling pressure.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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