Altcoin Sherpa has outlined a batch of tokens he’s watching closely, highlighting pullback zones, early narratives, and spot-specific setups he believes could offer new trading opportunities.
His latest breakdown blends established plays with emerging micro-caps, reflecting the broader rotation and volatility currently moving across the market.
Sherpa Highlights Pullback Zones and Early Bounces
Sherpa begins with ZEC, noting he’s looking for another slight pullback before getting more aggressive. He points out that price action around the 0.618 Fibonacci retracement has held steady, creating the kind of “chop” he prefers for bounce setups. While he doubts ZEC returns to its previous all-time highs, he still expects localized relief moves from this region.
coins I want to buy/watching: $ZEC – looking for another slight pullback but really liking this chop around the .618 fib. idk if it goes back to ATH (highly doubt it) but prob bounces $FARTCOIN : waiting for more chop around here and will buy soon. It goes higher imo $PENGU :… pic.twitter.com/UzWc9GpBKS
— Altcoin Sherpa (@AltcoinSherpa) December 3, 2025
He also watches FARTCOIN, explaining that the current range needs more “chop” before confirming direction. He expects it to go higher but wants one more round of sideways action before taking a position. For PENGU, Sherpa reveals he bought earlier in the day, describing it as a scalp entry. He plans to re-enter lower after volatility cools, and directs followers to earlier posts where he mapped the short-term structure.
Narrative Plays Enter Spotlight With Sapien Surge
One of the standout mentions in his list is SAPIEN, which printed a dramatic move recently and is gaining traction as a potential robotics-narrative token. Sherpa warns that similar moves in this coin have seen immediate retraces, so he intends to “slowly watch it” before considering a dip buy. The project’s sudden momentum fits into a broader trend of niche narrative tokens outperforming while majors consolidate.
Alongside these primary picks, Sherpa adds a group of names he’s monitoring with no defined entry plan yet. These include WFLI, MON, NEAR, PUMP, and VIRTUAL, tokens he’s watching for emerging catalysts or clean chart structures but hasn’t committed to trading.
Market Rotation Driving More Selective Altcoin Plays
The tone of Sherpa’s watchlist reflects the current environment: highly rotational, fast-moving, and unfriendly to blind chasing. Traders are gravitating toward dip-buy levels, micro-cap narratives, and short-window volatility, while larger caps remain stuck in broader ranges. His approach, waiting for pullbacks, identifying chop zones, and managing scalp entries, captures how many experienced traders are navigating this phase of the cycle.
As volatility continues to shift from sector to sector, Sherpa’s evolving list highlights where attention may flow next.