In a recent update, top trader Daan Crypto Trades shared his bullish outlook on two newly launched on Binance coins.
Both projects initially struggled after listing, weighed down by a tough broader market environment. However, Daan notes that both coins have been steadily grinding higher over the past few weeks, now trading at reasonable market caps — a sweet spot that makes them easier to move on the charts.
Why the Timing Looks Right
Daan points out that new coins often rally once they find a local bottom, particularly if overall market sentiment improves. With Bitcoin ($BTC) hitting 2-month highs and Ethereum (ETH) showing strength, the broader setup is increasingly favorable for fresh launches like $GUN and $NIL.
Key Levels to Watch
- GUN: Looks attractive if it breaks out above ~$0.069
- NIL: Would look strong above ~$0.47
Breaking these critical levels could signal the start of a stronger move upward over the coming weeks — assuming the overall crypto market continues to cooperate.
Daan closes on a hopeful note, suggesting that if the environment stays supportive, these coins could be positioned for strong runs.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/2-new-binance-listed-coins-to-watch-expert-explains-why/