Technical Analysis Report:

Key Movers in the Market

crypto market showing big dump in several coins like $PNUT ...$ACT $CETUS #COW

The pre-market trends reflect a mixed bag of activity among hot tokens, with KAIA standing out as the top performer, surging by an impressive +24.85% to $0.2859. This significant upward momentum suggests strong buyer interest and potential bullish continuation, provided the volume remains consistent. Traders eyeing KAIA should monitor resistance near $0.30, as a breakout could signal a fresh rally. Conversely, support at $0.25 could serve as a critical level to watch for pullbacks.

On the downside, THE experienced the steepest decline, dropping -16.48% to $2.5158. This sharp correction could be indicative of profit-taking or weakening market sentiment. A close below $2.50 might accelerate bearish momentum, with the next support around $2.20. Meanwhile, ACT and CETUS also saw notable declines of -14.18% and -8.05%, respectively, signaling bearish pressure. ACT’s price at $0.5403 highlights a possible retest of $0.50 as support, whereas CETUS could stabilize near $0.32 before any meaningful reversal.

For other tokens like PNUT and COW, which are down -6.98% and -8.83%, respectively, these declines might attract bargain hunters if key support levels are tested. PNUT at $1.1244 could find support near $1.10, while COW at $0.3932 has room to test $0.38 as a potential bounce zone. Overall, market participants should remain cautious, as volatility appears to be driving significant price shifts across these coins.