Alts lead the pump focus: SPX6900 and Worldcoin continue to rise, pump is hindered at the key resistance level.

This week, the Crypto Assets market continues a moderate upward trend, with SPX6900 (SPX) and Worldcoin (WLD) becoming the focus of the rise, recording increases of nearly 15% and 9% respectively; meanwhile, Pump.fun (PUMP) encountered resistance at a key psychological resistance level, with technical indicators showing an intensification of bullish and bearish divergence.

SPX6900: Targeting Breakthrough of 100-Day Moving Average

(Source: Trading View)

Performance on September 8: Increased by 14.91%, continuing the momentum of the rebound from the support line connecting the lows of March and April.

Technical Breakthrough: Reaching above the 200-day EMA ($1.1873) and the 61.8% Fibonacci level ($1.2112)

Upward target: If it effectively closes above the 100-day EMA (1.3363 USD), or further challenges the 78.6% Fibonacci level (1.4715 USD)

Technical Indicators:

MACD has broken the signal line on Saturday and continues to rise.

RSI has rebounded to 49, indicating a recovery in buying pressure.

Downside risk: Break below 1.2112 USD or retest the 50% retracement level (1.0283 USD)

Worldcoin (WLD): Targeting the $1.21 Level

(Source: Trading View)

Consecutive days of increase: has risen for the 4th consecutive day, with a rise of over 9% on Monday.

Key Breakthrough: Return to the psychological level of 1.000 USD and break through the 38.2% Fibonacci level (1.106 USD)

Upward target: If the daily close is above 1.106 USD, it may extend to 1.210 USD (50% retracement level)

Technical Indicators:

MACD moving upwards, indicating an increase in bullish momentum.

RSI rises to 63, buying pressure is evident.

Downside risk: If it falls back below $1.106 or tests the 100-day EMA ($1.018)

Pump.fun (PUMP): Key Resistance Level's Bull-Bear Tug of War

(Source: Trading View)

Recent trend: On September 8, a slight drop of 0.50%, following a rise of 7.35% the previous day.

Technical resistance: The psychological level of 0.005000 USD has not been broken through, and the 4-hour chart shows signs of a double top formation.

Downside risk: If it is blocked and falls back, it may test the 50-period EMA ($0.004195).

Technical Indicators:

RSI is 66, slightly down from the previous high, showing a bearish divergence.

The MACD is close to the signal line. If a crossover occurs or a buy signal is triggered, the trend is expected to turn bullish.

Upside target: Break above 0.005000 USD, or hit the historical high of 0.006882 USD.

Conclusion

The current market sentiment is moderately bullish. Both SPX6900 and Worldcoin's technical indicators support further increases, while Pump.fun is at a critical point between buying and selling. Short-term traders should pay attention to the breakout situations of SPX at $1.3363 and WLD at $1.210, while also being cautious of PUMP's resistance reaction at $0.005000.