Trade ideas: Buyback burn on inj, 30 Sep.
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Issue #12 · September 29, 2026

NEAR ETF day, INJ burn and mainnet breakout setups

BTC and ETH are both down a little over 3% on the week, but the market outside BTC has held up better and BTC dominance has slipped. That keeps selective event-driven alt trades in play: INJ has the cleanest near-term tokenomics setup, MOCA is trying to confirm a mainnet breakout, RUNE is close to a pre-event trigger, and NEAR looks strong but crowded into ETF day.

Market pulse — Mixed

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Trade ideas — catalysts landing soon

Tomorrow · 30 Sep · Airdrop/Snapshot, Tokenomics

Buyback burn

HIGH
7.5
inj  inj
PRICE
−42% vs 12m high
Near the upper end of its 3-month range
30d  +46%
SECTOR
Decentralized Finance (DeFi)
30d  +38%
inj daily candles with daily and weekly levels
Buy INJ if $7.33 keeps holding into the burn

The Sept. 30 buyback burn is a clear next-day tokenomics catalyst, and INJ has already pulled back from the $8.18 close on Sept. 25 and the $8.66 high on Sept. 24 to a $7.41 close on Sept. 28. That reset makes a fresh entry more reasonable than chasing strength. The setup works if the rebound holds above weekly support at $7.33 and keeps reclaiming today's move toward $7.75-$7.77, with $8.32 as the nearest resistance to test. A daily close back under $7.33 would weaken the recovery. If already long, trimming on another rejection near $8.32 is reasonable.

Today · 29 Sep · Release

Mainnet launch

HIGH
7.5
moca  moca
PRICE
−86% vs 12m high
Near the upper end of its 3-month range
30d  +24%
SECTOR
Decentralized Identifier (DID)
30d  +22%
moca daily candles with daily and weekly levels
Buy MOCA only on a close above $0.0108

Moca Chain mainnet goes live today, and price is trying to reclaim the $0.0108 daily resistance that capped the Sept. 28 close at $0.0101. With the token now around $0.0110, the cleaner entry is a confirmed daily close above $0.0108 rather than an intraday chase. If that holds, weekly resistance at $0.0121 is the next nearby level to watch. If the move fades back under $0.0101, or especially under today's $0.0096 low, the breakout attempt is failing. If already long, a stall into $0.0121 is a spot to de-risk.

By 04 Oct · Release

Monero & Zcash chains

HIGH
7.5
rune  runexmr  xmrzec  zec
PRICE
−36% vs 12m high
Near the upper end of its 3-month range
30d  +64%
SECTOR
Decentralized Exchange (DEX)
30d  +46%
rune daily candles with daily and weekly levels
Wait for RUNE to close above $0.8189

The Oct. 4 Monero and Zcash chain addition matters most to THORChain because it expands the network's native asset support and pools. RUNE has strong momentum, up 17.8% on the week and near 90-day highs, but it is sitting just under weekly resistance at $0.8189 after Sept. 27 tagged $0.8420 intraday and still closed at $0.7599. The cleaner trade is a daily close above $0.8189, not a chase underneath it. If a breakout cannot hold and price falls back below $0.7738, the pre-event squeeze is fading. If already long, another failure under $0.8189 would justify some profit-taking.

Today · 29 Sep · Regulation

Bitwise NEAR ETF debut

HIGH
8.0
near  near
PRICE
−7% vs 12m high
Near the upper end of its 3-month range
30d  +166%
SECTOR
Artificial Intelligence (AI)
30d  +72%
near daily candles with daily and weekly levels
Wait for NEAR to retake $5.38 after ETF day

The Bitwise NEAR launch is a meaningful access catalyst, but NEAR is already up 166% in 30 days and trading only 7% below its 12-month high. After reaching a $5.57 high on Sept. 27 and closing Sept. 28 at $4.82, today's recovery to about $5.02 still leaves it below the $5.38 highest recent close. A fresh entry looks better only if price can reclaim $5.38 and then lean on weekly resistance at $5.86. If it slips back through $4.68, the launch-day bid is not holding. If already long, another rejection in the $5.38-$5.57 area is a reasonable place to lock some gains.

Coming up — major events

Just added — further ahead

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General market commentary, not personalised investment advice. Crypto trading is high risk: you can lose all the money you invest. Leverage increases risk. Trade scenarios are conditional and may fail.

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