Synthetix (SNX), Lido DAO (LDO), 1inch Network (1INCH), and SushiSwap (SUSHI) are exhibiting unique patterns and bullish signals in their respective charts.
As highlighted by World Of Charts, a top analyst, Synthetix (SNX) has recently broken multiple consolidations and is on the verge of completing a retest, signaling the potential for a 3-4x bullish wave in the midterm. With a current price of $2.92 and a 24-hour trading volume of $34,491,590, SNX is up 4.92% in the last 24 hours.
Key support levels at $1.65 and $2.50 have proven robust, while resistance at $4.30 and $10.00 presents significant challenges. However, a potential price target of $15.00, representing a 466.97% increase, suggests substantial upside potential if the bullish breakout materializes.
Meanwhile, Lido DAO (LDO) has seen a remarkable turnaround, running almost 45% in profit since its first entry and breaking a bullish flag, with expectations of another 50%+ bullish wave upon a successful breakout. Priced at $2.56 with a 24-hour trading volume of $321,610,831, LDO is up 15.34% in the last 24 hours.
Key support levels at $1.33 and $1.75 have held firm, while resistance at $2.80 and $4.50 remains formidable. A potential price target of $6.13, indicating a 248.72% increase, underscores the bullish sentiment surrounding LDO.
In the case of 1inch Network (1INCH), the token has broken out of a descending trendline pattern, suggesting a potential reversal and bullish momentum. Priced at $0.428968 with a 24-hour trading volume of $32,449,849, 1INCH is up 6.41% in the last 24 hours.
Support levels at $0.28 and $0.40 have held steady, while resistance at $0.50 and $1.00 looms ahead. A potential price target of $1.76, representing a 440.91% increase, highlights the optimistic outlook for 1INCH.
SushiSwap (SUSHI) has broken out of a symmetrical triangle pattern, confirming a bullish reversal and signaling expectations of a massive bullish wave towards $5. Currently priced at $1.25 with a 24-hour trading volume of $49,073,375, SUSHI is up 5.93% in the last 24 hours.
Key support levels at $0.85 and $1.20 have shown resilience, while resistance at $1.50 and $2.50 presents significant hurdles. A potential price target of $3.35, representing a 289.21% increase, underscores the potential for significant gains in SUSHI.
