Altcoin Watchlist #150

Hello and welcome back to the Rekt Capital Newsletter

In today’s edition, the following cryptocurrencies will be analysed & discussed:

• Aerodrome Finance (AERO)
• Dogecoin (DOGE)
• Hedera Hashgraph (HBAR)
• Hyperliquid (HYPE)
• Chainlink (LINK)
• Solana (SOL)
• Zcash (ZEC)

But before we dive in, this Friday I’ll chart your Altcoin picks in an exclusive subscriber-only TA newsletter and will cover as many as I can

So if you’d like to have an Altcoin charted, feel free to share max. two TA requests each in the comments below.

I’ll chart the Altcoins that get mentioned and ‘Liked’ the most

Click the button below to leave a comment with your TA request!

Let's dive in to today's Altcoin Market Update.

Aerodrome Finance – AERO/USDT

AERO is navigating a macro triangular structure on the Weekly, defined by a descending orange trendline as the Lower High and a rising black trendline as the Higher Low.

Price has now rejected from that Lower High for the third time. 

Each rejection has been met with a rebound from the Higher Low, and the pattern continues to compress.

The key level to hold on this pullback is $0.4372 (black horizontal, pivot support). 

So long as this region contains the drawdown, price will have the platform to challenge the Lower High once more.

A break and retest of the confluent Lower High and $0.5110 (black horizontal, resistance) on a Weekly Close basis would be the next trigger. 

Clearing and retesting that region as new support would then open the path toward the $0.6000 area (red zone, macro resistance above).

On the Monthly timeframe, the orange zone acted as support through 2025 before flipping into resistance in 2026. 

Price has since managed a Monthly Close above that resistance, a constructive development.

The current pullback represents a retest of the orange zone, which sits around the $0.41 region. 

Turning this level into new support would be the key trigger, enabling a move back up into $0.5110 and beyond. 

However, during that retest, some downside volatility in the form of wicking should be expected.

Should the orange zone hold and price reclaim $0.5110 on a Weekly Close, the next expansion target becomes the pink zone. 

A Weekly Close and retest of that zone as support would then enable further upside. 

For now, holding the low $0.40 region as support remains the priority.

Dogecoin – DOGE/USDT

DOGE is trading within a broad macro range defined by the green zone (horizontal, Range Low support) below and the orange zone (horizontal, Range High resistance) above. 

Price has dug deep into that range, and the predominant view over time is a revisit of the green zone, though that will take time to develop.

The key structural pivot within this range is the blue zone (horizontal, mid-range pivot). 

Historically, it has played multiple roles: support in early 2022, resistance through mid-2022 and into 2023, and support again in 2024. 

Earlier this year, price rebounded from the blue zone, but has since broken down below it.

Any relief rally from current levels would likely be capped by the blue zone flipping into resistance. 

Should that occur, DOGE would effectively be sentenced to the lower half of this macro range, gravitating toward the green zone over time.