The cryptocurrency market is entering a decisive weekend as Bitcoin shows signs of stabilisation after weeks of turbulence. While the leading cryptocurrency sets the tone for broader sentiment, several altcoins are gearing up for potentially significant moves. Among them, MANTRA (OM), Memecore (M) and Polygon (POL) stand out as tokens to monitor closely. Each faces unique catalysts that could shape its short-term trajectory, from liquidity shifts to technical breakouts and heightened investor speculation.

MANTRA (OM): Testing Crucial Support

Current price: $0.207
Weekly performance: -14%

MANTRA has endured a challenging week, with its price falling by 14% and now hovering around the $0.207 mark. The key level to watch is $0.200, which has emerged as a crucial support zone. Holding this line is essential for OM to avoid slipping further into bearish territory.

The weekend could prove pivotal due to MANTRA’s liquidity migration. The project is transitioning its liquidity from the OM/USDC pool on Osmosis to MANTRA Swap. This move aims to consolidate liquidity, strengthen trading pools and improve efficiency across the ecosystem. If the migration succeeds in attracting volume and boosting liquidity depth, OM could rebound towards the $0.228 resistance level, potentially setting the stage for a short-term recovery.

However, the risks remain significant. If the token breaks below $0.200, the next support lies at $0.188, a fall that would erase near-term recovery hopes and leave OM exposed to prolonged downside pressure. For now, investors are closely monitoring the liquidity shift as the decisive factor for OM’s direction this weekend.

Memecore (M): Momentum and Speculation Drive Gains

Current price: $1.74
Weekly performance: +300%

Memecore has been one of the most eye-catching performers of the week, with its price surging nearly 300% to set a fresh all-time high at $1.74. The token’s explosive rally underscores the speculative energy driving smaller-cap altcoins, fuelled by social media hype and momentum trading.

Technical indicators continue to support a bullish outlook. The Parabolic SAR, a trend-following indicator, remains positioned below the candlesticks, signalling that the uptrend is still active. If momentum sustains, Memecore could extend gains towards the $2.00 level, setting yet another all-time high over the weekend.

Yet, investors must be wary of profit-taking pressure. After such sharp gains, a wave of selling could quickly drag the token lower. The key support to watch lies at $1.14. A drop to this level would represent a sharp correction and potentially dampen the bullish enthusiasm that has built up over the past week.

For now, Memecore remains a speculative favourite, with both risk and reward amplified heading into the weekend.

Polygon (POL): Eyeing a Breakout Above Resistance

Current price: $0.286
Weekly performance: +15.4%

Polygon, rebranded under its POL token, has delivered a strong week with a 15.4% gain, currently trading at $0.286. Despite the bullish performance, POL has repeatedly faced rejection at the $0.292 resistance level, which now serves as the immediate barrier to further upside.

Technical signals suggest strengthening momentum. The exponential moving averages (EMAs) are aligning for a potential Golden Cross, a bullish pattern that occurs when the shorter-term EMA crosses above the longer-term one. Should this materialise, it would confirm long-term optimism and could propel POL past $0.292, opening the door for a run towards $0.300 and beyond.

However, failure to sustain momentum could see POL retreat to the $0.271 support level. A deeper decline could drag the price towards $0.256, which would invalidate the bullish setup and potentially weaken investor sentiment. For traders, the weekend hinges on whether POL can finally clear its resistance and confirm a breakout.

Volatility Ahead as Altcoins Face Critical Levels

As Bitcoin steadies after its recent downturn, altcoins are positioning themselves for potentially decisive moves. MANTRA is navigating a high-stakes liquidity shift, Memecore is testing the limits of speculative momentum and Polygon is pressing against key resistance with technical support in its favour.

The weekend’s trading sessions could act as a turning point. A successful rebound for these altcoins would reinforce optimism across the broader market, while sharp corrections could remind investors of the volatility inherent in crypto assets.

For now, traders are advised to watch support and resistance levels closely, as the next 48 hours may dictate whether OM, M and POL extend their bullish streaks or face renewed downward pressure.