This weekend, many altcoins may face declines due to various reasons such as market conditions and external factors.
BeInCrypto has analyzed three altcoins that investors should watch this weekend.
Polygon (POL)
POL has once again attracted investor attention since recording its all-time low on January 1, 2026. The altcoin dropped to $0.098, sparking speculative interest and drawing buyers seeking undervalued entry points, amid overall market stabilization.
After reaching its all-time low, POL rebounded 37.6% and secured support at the 50-day moving average. If it breaks above $0.138 again, the recovery outlook strengthens. Success would likely drive the price toward $0.155, fueled by capital inflows from purchases at the all-time low.
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If upward momentum weakens, downside risks remain. If POL breaks below the $0.138 local support, it could fall to around $0.129. A break below $0.129 would invalidate the upward scenario, erase recent gains, and trigger renewed short-term downward pressure on APT toward $0.119.
Aptos (APT)
APT faces a significant external factor in the form of upcoming token unlock events. Approximately 11.31 million APT will be newly released into circulation, directly impacting supply dynamics. Such events often trigger market revaluation due to changes in token supply and short-term sentiment shifts, frequently leading to increased volatility.
With this additional supply, up to $20.58 million worth of APT could enter the market under bearish conditions. APT has already declined 7.6% over the past 48 hours and is trading near the 23.6% Fibonacci retracement level at $1.81. Breaking below this level could push the price down to $1.56 or even the all-time low of $1.41.
On the other hand, if demand strengthens, the upward scenario could resurface. If APT rebounds from the 23.6% Fibonacci level, it may aim to surpass $1.96 again. Regaining the 38.2% retracement level at $2.05 would indicate a restart of the short-term uptrend and invalidate the downward scenario.
Midnight (NIGHT)
NIGHT has not received strong investor support in recent trading. It failed to break above the $0.1000 resistance level and has fallen approximately 26%. Currently, NIGHT is trading around $0.0743, reflecting reduced market demand and deteriorating sentiment.
The decline has clearly shifted into a distinct downtrend. The Parabolic SAR has also reversed to resistance, intensifying downward pressure. NIGHT has lost its support at $0.0753, further increasing downside risks. Under current conditions, caution is advised for a continued drop toward $0.0609.
There remains a possibility of price reversal due to buying pressure following a decline. If renewed interest in NIGHT brings in new capital, a significant recovery could be expected. A return to $1.000 would signal an upward move. If it surpasses this level, NIGHT could aim for its all-time high of $1.200, invalidating the bearish scenario.
