MARKET MONITORING – ALTCOINS IN THE RED AS SALES PRESSURE INCREASES

The altcoin market is facing widespread declines, with several large and mid-cap tokens experiencing strong selling pressure.

📉 Top Losers Today:

$SUI

SUI

3.7493

-5.56%

: 3.7636 (-5.95%) – Difficulties holding above the key support level at 3.75.

$LINK

LINK

22.29

-5.71%

: 22.34 (-5.86%) – Correction after a failed attempt to break resistance at 23.00.

$ENA

ENA

0.734

-4.86%

: 0.7279 (-7.58%) – Sharp decline, testing the key demand zone near 0.72.

LTC: 120.92 (-6.97%) – Bears are targeting the support at 118.00 for the next move.

SHIB: 0.00001284 (-7.63%) – Selling pressure is intensifying, watch for bounce signals.

Given that most major altcoins are in the red zone, traders should exercise caution and wait for confirmed reversal signals before re-entering. Protective strategies and strict stop-losses are recommended.

#LINK #SUI #SHIB #HotJulyPPI #BNBBreaksATH