Altcoin Newsletter #266
Features analysis on Altcoins such as AERO SOL TAO TON CRO AVAX
Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
In today’s Altcoin newsletter I cover the following Altcoins – specifically:
- Aerodrome Finance (AERO)
- Solana (SOL)
- Bittensor (TAO)
- Toncoin (TON)
- Crypto.com Coin (CRO)
- Avalanche (AVAX)
These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.
Let’s dive in...
Aerodrome – AERO/USDT
Aerodrome is currently rebounding from its final major Weekly support at $0.3211 (black), a level that has repeatedly acted as the floor of the current range structure.
Previously, downside wicks into this support generated strong upside reactions.
The most recent liquidation event also saw price briefly wick below the level before reclaiming it and producing another bounce.
However, the strength of those reactions has been gradually weakening.
Each successive rebound from this support has produced a smaller rally than the one before it, suggesting that buy-side interest in this region is slowly diminishing.
At the moment, price appears to be developing a multi-week Higher Low relative to this Weekly support, which keeps the current structure intact for now.
That said, the broader context still resembles a range-bound market between $0.3211 and $0.4372.
Price could continue consolidating between these two levels as the market determines whether this support can continue holding.
If a relief rally develops, the first major level to watch is the range high resistance at $0.4372 (black).
Above that sits an additional resistance region around $0.51 (black), creating a zone of confluent supply that could act as the primary rejection area for any upward move.
Even in a best-case scenario, the objective for AERO would simply be to produce another rally that is weaker than previous rebounds, consistent with the gradually diminishing upside reactions seen across the structure.
A move toward the macro downtrend resistance (red) would satisfy that requirement, but price would still need to overcome the $0.43–$0.51 resistance region before such a test becomes possible.
Solana – SOL/USD
Solana recently produced an upside wick that appears somewhat unnatural, briefly pushing price higher before quickly retracing back toward the broader support region below.
The key level remains the $100–$123 region (black).
Historically, this area acted as major support throughout 2024 and 2025, repeatedly stabilising price during that period.
However, price has now lost this support region, raising the possibility that the zone could transition into new resistance.
This type of behaviour mirrors the 2022 structure, where Solana lost a major historical support region, briefly rallied back into it and then confirmed the level as resistance before continuing lower.
From a technical standpoint, that process may already be underway.
Even if the recent upside wick is discounted as a non-organic move, the broader structure still revolves around the same principle: former support turning into resistance.
If Solana continues to reject from the $100–$123 region, the market could begin positioning for additional downside continuation, consistent with the type of structural breakdown seen in the previous cycle.