Analyst Predicts Crypto Market Pullback and Highlights Five Altcoins With Buy Zones, Targets, and Meme Coin Momentum
A respected crypto analyst, Altcoin Sherpa, is forecasting a short-term pullback in the cryptocurrency market after recent strong rallies. This correction could provide new buying opportunities for traders, especially in select altcoins. Sherpa identifies five altcoins—BONK, Fartcoin (FART), POPCAT, HYPE, and GUN—with downside price targets to watch: BONK near $0.000016, FART at $0.85, POPCAT at $0.33, HYPE in the $15-$16 range, and GUN at $0.055. He notes that FART must remain above $1.05 to sustain momentum, otherwise it risks dropping to $0.80. BONK continues to show technical strength, recently surging over 10% to $0.00002. The analyst suggests that despite anticipated volatility, the overall market structure remains robust, and the correction would likely be a healthy retest, not a sign of sustained bearishness. Traders are advised to monitor these five altcoins for attractive entries while remaining cautious of further downside risks. Momentum in meme coins and improving investor sentiment amid changing macroeconomic conditions may further influence trading strategies.
Neutral
The news indicates a forecasted short-term correction in the crypto market, but analysts maintain that the market structure remains sound. While price targets reveal potential downside for several altcoins, traders are also advised to seek buying opportunities, especially around the projected support zones. The momentum in meme coins and anticipation of a healthy retest reflect neither extreme bullishness nor a bearish phase, but rather a period of consolidation and rational market adjustment. As such, the overall short-term impact is neutral, encouraging caution but highlighting potential for future gains as conditions stabilize.