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Crypto markets are strong ā Bitcoin stays above $95K and altcoins are popping!
However, upcoming token unlocks could trigger high volatility.
Will bulls stay in control or will selling pressure hit?
⤠Sui (SUI)
+55% breakout after bullish pattern, now above $3.54 resistance.
88.34M SUI (~$300M, 0.88% of supply) unlock on May 2.
ā” If support holds, price could aim for ATH above $6.
ā ļø Beware short-term dips from sudden sell pressure.
⤠Optimism (OP)
Strong recovery from $0.58, now eyeing the $1 mark.
32.21M OP unlock (~$27M) on May 1.
ā” Support at $0.75 is critical ā hold above it to confirm uptrend.
ā ļø Unlock event could cause brief volatility, but sentiment remains positive.
⤠Ethena (ENA)
Bounce from $0.26 lows, now stable near $0.33
94.19M ENA (~$32M) unlock on May 3.
ā” Staying above $0.5 would keep bullish momentum alive.
ā ļø Watch for possible quick dumps from early investors.
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⤠Big unlocks = bigger price moves!
⤠Short-term dips possible, but strong fundamentals could protect the rally.
⤠Traders must watch key supports closely this week!
#CryptoNews #TokenUnlock