$SUI is following a bearish breakout from Channel Up patter | altFINS_altcoins on Binance Square

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$SUI  is following a bearish breakout from Channel Up pattern, price has broken through several key levels. Now it's trading in a Descending Triangle pattern. Price needs to break back above 200-day Moving Average and break through the down trendline to signal resumption of Uptrend. (Set a price alert). 

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SUI

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+4.92%

8k

0

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📈Weekly performance of top coins by market cap Weekly Gainers: $TRUMP +88.5% $SUI +74.2% $XMR +33.7% Top Losers: $BGB -0.7% $PIP -2.3% $LBTC -16.2%

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🚨 Overbought coins at resistance - beware and prepare! After big wins last week $SOL (+27%), $INJ (+25%), $PEPE (+25%), $DOGE (+20%), $FET (+58%), $TAO (+35%), $STX (+50%), $LINK (+15%), and $LTC (+15%), the market looks ripe for a pullback. 🔹 RSI > 65 🔹 +20% in 7 days 🔹 Still in Downtrend Short-selling opportunities are emerging! 📉 Example: $KAS hit major resistance at $0.10 (+35% gain) and is overbought (RSI ~70). Use altFINS' Crypto Screener + Trade Setups to stay ahead. Profit in both directions! 🔥 👉 See live setups: altfins.com/s/JK9HaC7P?bi=1022 🚨 Overbought coins at resistance - beware and prepare! After big wins last week $SOL (+27%), $INJ (+25%), $PEPE (+25%), $DOGE (+20%), $FET (+58%), $TAO (+35%), $STX (+50%), $LINK (+15%), and $LTC (+15%), the market looks ripe for a pullback. 🔹 RSI > 65 🔹 +20% in 7 days 🔹 Still in Downtrend Short-selling opportunities are emerging! 📉 Example: $KAS hit major resistance at $0.10 (+35% gain) and is overbought (RSI ~70). Use altFINS' Crypto Screener + Trade Setups to stay ahead. Profit in both directions! 🔥 👉 See live setups: altfins.com/s/JK9HaC7P?bi=1022

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$BTC price has broken below the 200 SMA, which could signal onset of a Downtrend. That 200 SMA now turned from support into resistance. Price has so far failed to break through down trendline (see chart). Notice also that the Gap from $74K to $90K from early November (after US elections) has now been mostly filled, which is positive. It is getting oversold (RSI ~ 30) near $75 support, hence, we could see it bounce up near-term. We would be buyers around $75K, with +10% upside potential back to $83K.

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🔥 Top Crypto Market Highlights: 📍 Bullish Pattern Breakouts: $POWR $CRV $LDO 📍 Short-Term Trend Upgrade: $BTC $XRP $AVAX 📍 Strong Uptrend: $GT $FTN $ULTIMA 📍 Early Bullish Momentum Inflection $BCH $PI $NFT Find more #cryptotrading ideas: https://altfins.com/crypto-markets/crypto-market-highlights

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🔥 Top Crypto Market Highlights: 📍 Bullish Pattern Breakouts: $LTC $MANA $LDO 📍 Short-Term Trend Upgrade: $BTC $XRP $BNB 📍 Strong Uptrend: $GT $FTN $ULTIMA More trade ideas on altFINS

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