📝 Market Update – BTC, XRP, SUI, SOL & Altcoins Outlook
🔶 Bitcoin (BTC/USDT)
BTC showed some short-term recovery today, bouncing from $93,600. However, the market remains cautious due to global tensions and weak stock market performance.
Key Resistance: $95,400
Breakout Target: $97,000+
Support Zone: $93,200 – $93,600
Stop Loss (for long entries): Below $92,800
Until BTC clears $95,400 with strength, expect range-bound moves between $93,200 – $95,400. Break above resistance will open room for upside.
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🔷 XRP (XRP/USDT)
XRP showed some decent bounce with a 3-drive pattern, but still faces heavy resistance.
Immediate Resistance: $0.53
Target: $0.55 (short-term), but strong selling pressure above that
Support: $0.50
Next Bearish Target: $0.45 if support fails
Stop Loss (for longs): Below $0.49
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🔶 SUI (SUI/USDT)
SUI failed to reclaim key levels yesterday, confirming bearish continuation.
Resistance Zone: $0.93 – $0.95
Target (Downside): $0.85
Stop Loss (short trades): Above $0.96
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🔶 Solana (SOL/USDT)
SOL broke down as expected and is heading toward the next support.
Current Target: $136
Support Zone: $132 – $136
Resistance to Watch: $145
Stop Loss (for shorts): Above $146
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🔶 Altcoins in General (TOTAL3 Market Cap)
Altcoins excluding top 10 have broken major support.
Expect further downside in most alts unless BTC breaks $95,400 and equities recover.
Caution advised on alt entries; safer levels will come after market stabilizes.
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Summary:
BTC needs to break $95.4k for bullish confirmation.
XRP & SUI face resistance and likely lower moves.
SOL target sits around $136 short term.
Altcoins as a sector look weak — better to stay defensive until clearer signs appear.