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Weekends often bring quieter trading, but that also means sharper moves for those paying attention. While most of the market has stayed choppy, more so with BTC correcting almost 4% from its all-time high, a few altcoins to watch are flashing signs that deserve a closer look.
From breakout formations to renewed whale activity and fresh smart money accumulation, these three coins show short-term setups that could extend over the next 48 hours.
Zora ($ZORA)
$ZORA is a creator-focused token in the Base network that has caught strong attention this week. The token has surged more than 73% in the past 24 hours, driven by massive DEX inflows of roughly $420,000, according to Gecko Terminal data.
On the 12-hour chart, Zora has already broken out of an inverse head and shoulders pattern, clearing the neckline around $0.06. The move confirmed the breakout, and the token now trades near $0.09. Based on the pattern projection, Zora still carries upside potential toward the $0.10 zone — roughly a 53% measured target from the neckline.
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$ZORA Price Analysis">
Adding to this momentum, the Smart Money Index (SMI) — which tracks buying from informed or early traders — has continued climbing since yesterday.
The sustained SMI uptrend suggests there’s still steam left in the rally, making $ZORA one of the altcoins to watch most closely this weekend as long as it stays above $0.06 support. However, if selling takes over and the $ZORA price falls under $0.05 (the right shoulder of the pattern), the bullish structure would get invalidated.
Pudgy Penguins ($PENGU)
$PENGU, the token linked to the Pudgy Penguins network on Solana, is another one of the altcoins to watch this weekend. While its price has stayed near $0.031, data shows steady interest from large wallets and short-term traders.
Over the past week, Smart Money holdings have increased by roughly 2.8 million tokens (3.89%), confirming quiet accumulation despite a choppy broader market. This aligns with the Smart Money Index (SMI) on the 12-hour chart, which has started forming higher highs — a sign that informed traders are positioning for a rebound. The SMI visualization is presented later in this section.
$PENGU Holders">
From a technical view, $PENGU trades inside a falling wedge, a bullish chart pattern that often signals the end of a downtrend. Between October 4 and 9, the token formed a higher low, while the Relative Strength Index (RSI), which measures momentum, made a lower low, creating a hidden bullish divergence that supports the recovery case.
A breakout above $0.032 would confirm this wedge pattern and could open the path toward $0.034, the next major resistance and a 10% rise from the current level.
A close above that level might invite further upside momentum over the weekend. However, if the $PENGU price falls below $0.027, the rebound setup would likely fail, and sellers could regain control. However, for the structure to turn bearish in the short-term, a dip under $0.026 might be needed. That could open possibilities for the short traders.
For now, with improving smart money inflows and a bullish formation still intact, $PENGU remains one of the more compelling altcoins to watch this weekend.
Aster ($ASTER)
Aster ($ASTER) — a newer DEX native to the BNB network — has seen its strong rally fade fast. After climbing past $2, the token has dropped almost 17% week-on-week, now trading near $1.59.
While the price trend looks weak, the on-chain data tells a more nuanced story. Smart money holdings increased by 3.65% in the last 24 hours, while mega whales (top 100 addresses) added 0.06% to their supply. Combined, that’s roughly 172.9 million new $ASTER tokens, equal to nearly $275 million at current prices — a significant shift after a week of steady selling.
$ASTER Holders">
This sudden accumulation follows an extended drawdown and signals renewed interest from large and smart holders.
On the charts, $ASTER’s falling wedge pattern — often a bullish reversal structure — is developing on the 1-hour timeframe. Since $ASTER has a limited trading history, the 1-hour chart provides the clearest signal for short-term price behavior. In such cases, the hourly view helps identify quick momentum reversals that can extend across 24–48 hours, making it a practical setup for weekend tracking.
$ASTER Price Analysis">
Between October 9 and 10, the price made a lower low, while the RSI made a higher low, confirming bullish divergence and hinting that selling pressure is weakening.
If the $ASTER price holds above $1.52 and breaks $1.72, it could test the upper wedge boundary near $1.84. A successful breach might open short-term targets around $1.89–$2.02, indicating a potential weekend rebound.
A close below $1.52, however, would invalidate this recovery setup and return control to sellers.
After a sharp 17% correction, $ASTER’s combination of whale activity, smart money inflow, and bullish structure makes it one of the altcoins to watch this weekend, especially for traders eyeing fast, technical rebounds.
The post 3 Altcoins To Watch This Weekend | October 11 – 12 appeared first on BeInCrypto.