Crypto traders are closely watching DeepBook ($DEEP) after a fresh signal from the Tom DeMark Sequential indicator on the 4-hour chart hinted at a potential short-term rally.
According to market analyst Ali Martinez, a breakout above $0.178 could open the door for a quick move toward the $0.182 or $0.187 levels.
The current chart shows a completed TD9 setup—a classic sign of a potential reversal—right as the token flirts with the critical $0.178 resistance zone.
If buying pressure increases, bulls may push $DEEP into its next Fibonacci zone, offering a possible window for fast gains.
While DeepBook is stirring interest, the broader crypto market remains stable. Bitcoin is holding firm at $118,828, showing modest hourly and daily gains despite a slight weekly pullback of 0.47%.
The leading cryptocurrency maintains a colossal market cap above $2.36 trillion, with 24-hour trading volume at $67.1 billion, underscoring strong liquidity.
With Bitcoin steady and DeepBook flashing technical strength, traders may see this as a tactical opportunity to ride short-term momentum before the next market-wide move unfolds.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/market/buy-signal-alert-this-altcoin-primed-for-a-quick-surge-says-analyst/