Market Analysis: Aptos (APT) & Sui (SUI)
1. Aptos (APT) Technical Overview:
Current Price: $5.00
Structure: Triple Top with neckline at $4.40
Previous Support: $5.00 (now being retested as resistance)
Double Bottom forming; neckline again at $5.00
Key Levels:
Entry (Support Hold): $5.00 (watch for bullish confirmation)
Target 1: $6.50
Stop-Loss: Close below $5.00 on 2 consecutive daily candles
If $5.00 breaks, expect downside to $3.00
Risk Note: If price closes under $5.00 for two days, expect a deeper correction to the $3.00 zone.
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2. Sui (SUI) Technical Overview:
Current Price: $3.40
Structure: Cup & Handle + Double Bottom
Key Support: $3.00 (psychological & technical)
Neckline: $2.80 (maximum wick allowance)
Key Levels:
Entry Zone: $3.00–$3.20 (with confirmation of support hold)
Target 1: $4.00
Target 2: $6.00 (if structure confirms breakout)
Stop-Loss: Close below $3.00 on 2 daily candles
Bearish Case: If $3.00 fails, expect drop toward $2.00
Risk Note: $3.00 is a critical level. Break and close below it triggers potential fall to $2.00.
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Conclusion: Both Aptos and Sui are at make-or-break zones. Use tight risk management, and watch daily closes for confirmations. Sui shows more structural strength short-term, while Aptos needs to reclaim $5.00 to turn bullish again.
