altcoin forecast Archives - Coin Engineer

SUI at a Crossroads: Rebound or Breakdown?

Yigit Taha OZTURK — Mon, 26 May 2025 15:30:43 +0000

As crypto markets continue to move on shaky ground, certain altcoins are standing out with their sharp short-term price movements. SUI has recently emerged as one of these assets, catching investor attention with its response to key technical levels.

How price behaves near support and resistance zones may directly influence trader sentiment and strategy.

3.57$ Support Reclaimed

After losing the 3.57$ support, SUI dipped to as low as 3.41$. However, the drop was short-lived. The price quickly recovered and managed to reclaim the support zone, now hovering around the 3.57$ mark once again.

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If this level holds, a potential move toward the 3.83$ resistance remains on the table. The technical outlook supports the possibility of further upside if buying momentum continues.

Break Below Could Trigger Deeper Pullback

On the flip side, should SUI fail to maintain the 3.57$ support, a deeper correction may be in store. This would likely increase selling pressure and result in a bearish short-term structure.

SUI/USDT pair 4-hour chart.

Traders are advised to closely monitor both the support zone and any attempt to break through the resistance above.

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The post SUI at a Crossroads: Rebound or Breakdown? appeared first on Coin Engineer.

JUP Hits Critical Zone: Rally Ahead Or More Decline?

Yigit Taha OZTURK — Fri, 16 May 2025 14:00:34 +0000

The crypto market is once again walking a tightrope. Uncertainty dominates the charts, and traders are closely watching key technical levels. Amid this tension, JUP has reached a crucial support area, raising the question: will it bounce or break?

Fair Value Gap Faces The Test

Currently, JUP is priced within a bullish Fair Value Gap (FVG) zone, a technical region seen as the last line of defense for buyers. If this area is broken downward, a retracement toward the 0.44$ – 0.40$ support range becomes highly probable.

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Breakout At 0.52$ Could Shift Momentum

On the upside, a break above the 0.52$ resistance may ignite a fresh rally, potentially pushing the price toward 0.55$. This breakout scenario would likely attract short-term traders eyeing quick gains.

JUP/USDT pair daily chart.

How JUP reacts within this FVG zone may set the tone for the next major move. Investor sentiment and trading volume will likely drive the direction. As always, technical levels remain vital for risk management and decision-making.

The post JUP Hits Critical Zone: Rally Ahead Or More Decline? appeared first on Coin Engineer.

ZRO Rejected at Resistance Again: Eyes on $2.13 Support

Yigit Taha OZTURK — Wed, 16 Apr 2025 13:00:24 +0000

In recent weeks, ZRO (ZeroLend) managed to break its descending trend on the daily chart. However, the move upward faced rejection from a bearish Fair Value Gap (FVG) zone, leading to the formation of a minor descending trend. The price has now been rejected once again from the resistance of this minor trend.

$2.13 Support Is Key

The most immediate support for ZRO lies at $2.13, which falls inside a bullish FVG zone. This level previously acted as a rebound area and holds critical importance. If ZRO loses this support, the next level to watch will be $1.51, suggesting a possible continuation of the broader downtrend.

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If the $2.13 support holds and ZRO manages to break through the descending trend resistance, the next target will be $3.00 — a psychological and technical resistance zone where selling pressure could emerge.

Technical Outlook

For ZRO, the closest support level currently stands at $2.13. If this level fails to hold, the next strong support is located around $1.51. On the upside, the first resistance area is near $2.80. If this resistance is broken, the next bullish target could be $3.00. The direction of the price will largely depend on how buyers react at the $2.13 support level and how the price responds to the descending trendline.

ZRO/USDT pair daily chart.

The post ZRO Rejected at Resistance Again: Eyes on $2.13 Support appeared first on Coin Engineer.