The ecosystem of exchange and liquidity protocols faces a turning point this February 11. After the widespread correction, three pillars of the sector (PancakeSwap, Jupiter, and Hype) have reached oversold levels on the daily chart that, historically, have marked strategic accumulation zones for institutional capital and elite force traders.
PancakeSwap (CAKE): Daily capitulation at 1.30 dollars
CAKE shows one of the charts most affected by macro volatility.
With a daily RSI of 21.61, the asset is in an extreme oversold zone. However, in the 1H timeframe, an RSI of 61.68 and a StochRSI of 97.76 suggest an aggressive technical bounce that seeks to stabilize the price after the fall.
Resistances: 1.45 and 1.62 dollars.
Supports: 1.25 and 1.18 dollars.
Jupiter (JUP): Critical oversold in Solana at 0.1367 dollars
The liquidity giant in Solana shows a configuration of massive undervaluation.
With a daily RSI of 22.53 and a daily StochRSI at 1.00, the asset is in a state of total technical capitulation. In 1H, the RSI of 37.27 indicates that the bearish momentum has not yet dissipated, preparing the scenario for a search for liquidity before the bounce.
Resistances: 0.155 and 0.178 dollars.
Supports: 0.130 and 0.115 dollars.
Hype (HYPE): Resilience and relative strength at 28.85 dollars
HYPE stands out with a more solid structure than its peers.
Although its daily RSI of 42.99 is neutral, its StochRSI at 4.23 suggests that it has room for recovery before saturating. In 1H, an RSI of 69.30 and a StochRSI of 94.26 confirm that it is the asset with the highest relative strength in this combo, leading the recovery of the sector.
Resistances: 31.50 and 35.80 dollars.
Supports: 26.90 and 24.20 dollars.
We are facing a "Floor Hunting" scenario in DeFi protocols. The oversold of 21 points in CAKE and 22 in JUP is a magnet for liquidity for investors seeking value after the panic.
The key will be whether HYPE's relative strength can pull the rest of the sector towards immediate resistances during the American session.