- $PLSX leads PulseChain rally with a 150% gain, backed by bull flag breakouts and high-volume momentum.
- $PLS and $HEX follow suit with gains of 120% and 95% respectively, breaking key resistance levels not seen in months.
- Analysts warn of liquidity risks, urging traders to monitor volume, sentiment, and ecosystem fundamentals for sustained performance.
A rare triple breakout has occurred in the cryptocurrency market, with $PLSX, $PLS, and $HEX each registering high double-digit to triple-digit gains. Technical traders identified bullish flag patterns across all three tokens, and once resistance levels broke, momentum surged. Market analysts are now closely watching whether these gains signal longer-term uptrends or short-term spikes driven by sentiment.
$PLSX Posts Remarkable 95% Rally as Buyers Step In
$PLSX has gained approximately 95% over the past few days, breaking out of a clean bull flag pattern supported by rising volume. Chart indicators show a sharp upward move triggered after a long period of sideways consolidation. RSI levels remain elevated but not overbought, suggesting room for further upside if volume sustains.
Analysts describe $PLSX’s move as “technically superior,” with clear support zones forming around previous resistance levels. The rally aligns with renewed interest in ecosystem-specific tokens, particularly those tied to decentralized platforms. On-chain data shows increased token transfers and new wallet creation, pointing to organic user growth rather than speculative hype alone.
$PLS Surges 120% in Dynamic Move Amid Market Rotation
$PLS followed closely with an outstanding 120% rise, outperforming many similar tokens in its category. Analysts attribute the price action to a breakout from a multi-week consolidation range, confirming strength after forming a bullish continuation pattern. The momentum accelerated once it crossed key resistance, with volume confirming the breakout’s legitimacy.
The dynamic price increase of $PLS coincided with declining dominance in large-cap tokens, suggesting traders are rotating funds into newer, potentially high-yield assets. Technical indicators, including MACD and EMA crossovers, support the ongoing bullish trend. However, caution remains, as no major development or announcement explains the sudden increase.
$HEX Records Phenomenal 150% Spike, Leads Market Gainers
Among the three, $HEX posted the most impressive gain, up to 150% in a short timeframe. The move marks one of the most lucrative short-term rallies among DeFi assets in May. Price action broke multiple resistance levels, forming higher highs and higher lows on the daily chart. The momentum was described by analysts as “unparalleled” in recent memory among similar assets.
Trading data indicates rising liquidity and growing interest from both retail and institutional segments. Social platforms also recorded a noticeable uptick in discussions around $HEX, which may have contributed to the rally. Despite the surge, analysts note a historical tendency for the token to experience pullbacks after steep increases.
Breakouts Seen as Technically Groundbreaking but Risk Remains
While the triple breakout across $PLSX, $PLS, and $HEX has been described as groundbreaking and technically sound, experts advise a cautious approach. These assets remain highly volatile and prone to sharp reversals. Still, their current technical structure warrants close monitoring, particularly if broader crypto market sentiment remains neutral to positive.
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