Trader Warns Altcoin That’s Up 9,000%+ in Two Months Primed for a Pullback, Updates Outlook on Hyperliquid

Widely followed trader Altcoin Sherpa says that one artificial intelligence (AI)-focused crypto asset is about to present opportunities for bulls.

Altcoin Sherpa tells his 236,000 followers on the social media platform X that ZEREBRO , which bills itself as an AI system that autonomously creates and distributes content onto various platforms, may allow entries in the $0.40 range.

After a correction, the trader says that ZEREBRO will be “very strong” in the future.

“$0.50 is still resistance and I expect some sort of pullback between here and low $0.60s but I still think this is going to be a very strong one going forward. I have a solid bag of this. Team is full of shippers

I’d view the $0.40ish area as a decent entry.”

At time of writing, ZEREBRO is trading at $0.54, up 38% in the last 24 hours.

Altcoin Sherpa is also bullish on decentralized perpetuals exchange Hyperliquid ( HYPE ).

He says that those looking to position themselves long on HYPE can start to look at accumulating at current prices, with a potential target above the $50 level.

“HYPE DCA (dollar cost average) between 30-25 and feel good about it.

Also consider saving some $$ to buy lower in case it comes. low 20s would be a gift and I plan on adding plenty more if it comes.

still think it goes to $50+ before cycle end.”

At time of writing, HYPE is trading for $0.26.

With his eye on the memecoin sector, the trader says many of the big memes like MOODENG , CHILLGUY , or PNUT “all either send hard” from current prices or “fall off a cliff.”

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