Altcoin Action: UNI & SUI Eye Key Levels, While Airdrops Keep the Excitement Pumping

With the broader crypto market gearing up, several altcoins are showing interesting technical setups. Uniswap ($UNI ), for instance, has been consolidating tightly between its $6.04 support and $7.38 resistance for nearly 23 days. Currently trading 4% higher and nearing that $7.38-mark, sideline investors are watching closely. A confirmed daily close above $7.38 could signal a breakout, potentially extending UNI's rally by 16% to retest its next resistance at $8.63. The daily RSI at 61 and a recent bullish MACD crossover are certainly adding to the bullish momentum.

Similarly, Sui ($SUI ) also presents a compelling picture. After retesting and finding solid support around the $3.05 level last Thursday, SUI staged a strong recovery, climbing 17.81% by Monday and now hovering around $3.40. If this upward trend continues, the next key resistance to watch is $3.65. Traders looking to accumulate SUI tokens might consider a daily close above $3.65 as a signal, which could then extend the rally further to retest $4.25.

Beyond just chart watching, it's about staying active in the community for various opportunities. I recently jumped into the $RESOLV Airdrop, and it was incredibly straightforward! Just quoted the tweet, shared the event link, and dropped my #BingX UID under ResolvLabs's pinned tweet. Super easy even though I missed the earlier #Binance airdrop on the token, I'm eagerly waiting to see who wins among the 15 lucky participants. It just goes to show, there are always different ways to engage and find value in this dynamic market.