None of this is financial advice. Do your own research. By reading this newsletter, you acknowledge and accept the terms and conditions outlined in our disclaimer.
Hey Traders,
Risk assets continue to find breathing room even as elevated crude oil prices near $89 and Middle East geopolitical risks linger in the background. Fed policy remains data-dependent with no immediate hike pressure, allowing traditional markets to hold their recent gains while digital assets digest the broader tape.
Bitcoin remains tightly coiled near $63,000. Today’s desk is tracking the Quant 2-hour setup and the Iris Energy 6-hour structure for potential continuation signals.
Institutional capital is quietly absorbing supply while long-term holders continue stacking through the noise. On-chain data shows liquidity building underneath, setting the stage for rotation into high-throughput settlement rails. Here’s what our desk is watching.
Today’s Charts:
Chart #1 – Quant(QNTUSDT) 2-Hour
Chart #2 – JUST(JSTUSDT) 8-Hour
Chart #3 – Pepe(PEPEUSDT) 8-Hour
Chart #4 – Memecore(MUSDT) 8-Hour
Chart #5 – Iris Energy (IREN) 6-Hour
Chartist: Kapoor
(For the chart screenshot, click here)
Quant has established a higher low and printed an upward impulse off its $56.62–$57.49 support base, holding structure near $58.66 on the 2-hour timeframe. Functioning as an enterprise-grade blockchain interoperability network powered by its Overledger operating system for multi-chain financial applications and central bank digital currency (CBDC) connectivity, this long trade setup targets a continuation push back toward the $60.20–$60.23 high resistance level as long as the $57.49–$58.17 support zone holds.
Trade Levels:
Entry: $58.17
Stop Loss: $57.49
Take Profit Levels (TP):
TP1: $59.2
TP2: $60.20
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Chartist: Kapoor
(For the chart screenshot, click here)
JUST has executed a strong breakout above its descending resistance trendline following a liquidity sweep and rebound off the $0.09563–$0.10002 support floor, pushing higher to trade near $0.10607 on the 8-hour chart. Functioning as a TRON-based decentralized financial ecosystem powering USDJ stablecoin lending, decentralized governance, and cross-asset collateralization, this long trade setup targets an upward continuation toward the $0.11024 resistance target as long as the $0.10002–$0.10334 support base holds.
Trade Levels:
Entry: $0.10334
Stop Loss: $0.10002
Take Profit Levels (TP):
TP1: $0.10694
TP2: $0.11024
Chartist: Kapoor
(For the chart screenshot, click here)
Pepe has confirmed a breakdown below its primary ascending support trendline, trading near $0.00000268 on the 8-hour timeframe. Functioning as a high-liquidity meme asset driven by community sentiment and speculative trading volume across decentralized and centralized exchanges, this active short trade setup targets a further move lower toward the demand target as long as overhead resistance near $0.00000280 holds.
Trade Levels:
Entry: $0.00000274
Stop Loss: $0.00000282
Take Profit Levels (TP):
TP1: $0.00000260
TP2: $0.00000250
$30B ARR. Anthropic overtook OpenAI in April. Not hype. Revenue.
Rain Trade: Anthropic 64% | OpenAI 11.5% | Google 11%
Claude FABLE 5 leads coding at 80.8% SWE-bench. 1M context standard. Enterprises switching for regulated work.
OpenAI at 11.5%? GPT-5.5 landed, but revenue doesn’t lie. Google at 11%? Owns compute, lacks narrative.
This market asks, Does revenue predict model quality, or the other way around?
Chartist: Kapoor
(For the chart screenshot, click here)
Memecore USDT perpetuals have confirmed a clean breakout above the primary descending resistance trendline after holding horizontal support near $1.0524, pushing higher to trade around $1.1743 on the 8-hour chart. Driven by expanding on-chain trading volumes and community engagement across its meme-centric Layer-1 ecosystem, this long trade setup targets a continued recovery expansion toward the $1.3282–$1.3495 resistance zone as long as support holds above $1.0524–$1.1224.
Trade Levels:
Entry: $1.1224
Stop Loss: $1.0524
Take Profit Levels (TP):
TP1: $1.2200
TP2: $1.3495
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Chartist: Kapoor
(For the chart screenshot, click here)
(IREN refers to the stock of Iris Energy and not a cryptocurrency.)
Iris Energy has broken out above its multi-week descending resistance trendline, printing strong bullish momentum to trade near $44.76 on the 6-hour timeframe. Supported by accelerating expansion in high-performance computing (HPC) data center capacity, scalable AI cloud infrastructure, and renewable Bitcoin mining operations, this long trade setup targets an upward continuation toward the $55.87 resistance level as long as the $37.82–$42.34 support base holds.
Trade Levels:
Entry: $42
Stop Loss: $37
Take Profit Levels (TP):
TP1: $45
TP2: $56
Korea Blockchain Week isn’t a conference. It’s a capital deployment event.
On September 29, before the main stage even opens, Upbit is hosting a private, invite-only Institutional Summit at Walkerhill Hotels & Resorts in Seoul.
In the room: White House policy leads, Apollo Digital Assets, Robinhood Crypto, and the exchanges moving real size.
Korea is now the bridge between Asian retail liquidity and Western institutional capital. Last year 40% of attendees flew in from the US, Singapore, Hong Kong, and India. This year that ratio climbs.
Get 20% Off use Code: KBW2026CBN
50 redemptions. No ticket cap.
Banter’s Take
As we wrap up this week’s newsletter, our analysis confirms that the current macro clarity has created a unique window for strategic positioning. With inflation data aligning and immediate rate hike pressures evaporating, we see institutional capital quietly accumulating supply before the next major market leg up.
Our research team continues to identify high-conviction setups across the ecosystem, from interoperability plays to liquidity shifts in liquid staking protocols. By combining deep on-chain data with the precise technical levels featured in today’s trades, we are dedicated to helping you catch specific recovery moves while managing downside risk with defined stop-losses.
Thank you for trusting The Daily Candle as your guide through these dynamic markets. As we move forward, our approach remains focused on capitalizing on the divergence between current pricing and underlying value, ensuring our community stays ahead of the curve with exclusive insights and real-time execution strategies.
Get 247 Research to stay synced with Kapoor’s macro watch and level-driven execution.
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As a valued subscriber to The Daily Candle, you are part of the wider Crypto Banter ecosystem and that means you get first access to something we’ve been building behind the scenes. We’re thrilled to announce the launch of The Insider, Crypto Banter’s brand new publication designed to give our community a deeper, closer look at everything happening across our network. As an existing The Daily Candle reader, you’ve been added to The Insider as part of our founding subscriber rollout. You’ll continue to receive The Daily Candle as normal and The Insider is an exciting addition to your inbox, not a replacement.
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