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SUI Technical Outlook: Is the Uptrend Still Intact?

Emre Yumlu — Sat, 02 Aug 2025 15:00:11 +0000

Despite ongoing volatility in the crypto markets, SUI continues to show signs of maintaining its upward trajectory on the daily chart. The recent price action highlights key levels that traders and investors should keep a close eye on.

Strong Rejection from a Key Support Zone

SUI recently bounced strongly from the support zone between $4.39 – $4.12, a region that has historically served as a key technical level. The bounce indicates that buyers are still active around this area. However, it’s worth noting that no clear breakout confirmation has occurred yet, which means the upward momentum remains tentative for now.

Eyes on the Next Support: $3.13 – $2.93

Currently, the price is hovering near a lower support range of $3.13 – $2.93. This zone is also in close proximity to the ascending trendline and will likely be a critical level to monitor. A strong reaction from this area could pave the way for a renewed bullish push.

For altcoin investors, how price behaves around this zone will be crucial in determining the near-term direction. If the support holds and a clear confirmation is seen, we might witness a retest of the previous resistance levels.

As Long as the Trend Holds, Upside Potential Remains

The key for market participants right now is whether the price can stay above the ascending trendline. As long as SUI holds above this line, there’s still upside potential for further gains. A breakdown below the trendline, however, could signal a shift in momentum and invalidate the current bullish setup.

In the meantime, traders should remain cautious and continue to monitor both price action and volume for signs of confirmation.

This article is not financial advice. Always conduct your own research before making investment decisions. The crypto market is highly volatile and involves significant risk.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post SUI Technical Outlook: Is the Uptrend Still Intact? appeared first on Coin Engineer.

LDO Technical Outlook: Support Break Raises Caution

Emre Yumlu — Sat, 02 Aug 2025 14:30:41 +0000

Lido DAO (LDO) is among the digital assets that have been affected by the recent uncertainty in the crypto market. A declining risk appetite among investors and a broadly weak altcoin environment have played a role in shaping LDO’s technical outlook.

Downtrend Break Fails to Deliver Momentum

Recently, LDO managed to break above its descending trendline — a move often perceived as a bullish signal by market participants. However, contrary to expectations, no significant upside momentum followed. Instead, LDO came under renewed selling pressure, eventually losing the support zone between 0.98 – 0.96.

This breakdown could be interpreted as a reflection of weak buying interest in the market. In periods where major assets like Bitcoin and Ethereum are moving sideways or showing bearish tendencies, smaller projects like LDO often struggle to attract strong trading volumes.

Eyes on the New Support: 0.88 – 0.87 Zone

With the recent pullback, the price has now approached the 0.88 – 0.87 range, which serves as the next short-term support level. This area holds technical significance as it could be a point where buyers re-enter the market.

However, if this level fails to hold, the decline could extend towards the 0.83 zone. Especially in weak global market conditions, support levels can be easily breached — a risk that traders should not overlook.

Resistance Levels to Watch: 0.96 – 0.98 and Beyond

In a potential recovery scenario, the immediate resistance is situated in the 0.96 – 0.98 range. A successful move above this region could open the door for a climb toward 1.05. However, for this breakout to be sustainable, it would require not just technical confirmation, but also a more favorable overall market sentiment.

Without that support from the broader market, any minor upward move could simply become a magnet for short positions, increasing selling pressure once again.

This content is not financial advice. The cryptocurrency market carries high levels of risk, and it is essential to conduct your own research before making any investment decisions.

The post LDO Technical Outlook: Support Break Raises Caution appeared first on Coin Engineer.

Critical Alert! Could Bitcoin Price Experience a Drop?

Yigit Taha OZTURK — Wed, 05 Feb 2025 11:00:29 +0000

Bitcoin has been moving sideways for the past few days, and many investors are growing concerned about the future of the leading cryptocurrency. Currently, the price of Bitcoin is approaching the 95,000 level, and there is a possibility of a drop at this point. However, there is a critical detail that must be noted: a 4-hour close below 95,000 could trigger significant changes in the market.

As investors wonder whether Bitcoin will fall to the 95,000 level, experts are closely monitoring market movements. Analyses suggest that Bitcoin‘s current sideways movement is likely to continue, but a strong drop could be possible in the short term. If Bitcoin stays at this level and falls below 95,000 within a 4-hour period, there is a risk of a new selling wave starting.

However, many analysts believe that Bitcoin is unlikely to remain at this level for long. It is believed that Bitcoin has found a balance at its current price levels, and further drops are unlikely. Nevertheless, investors are advised to remain cautious. It is important for them to carefully monitor Bitcoin‘s price and be ready to act quickly if a close below this level occurs.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The recent price fluctuations in Bitcoin could present many opportunities for investors, but if caution is not exercised, it may also lead to significant losses. Especially technical analysts predict that if the price drops below 95,000, Bitcoin could fall even further. Therefore, it is crucial to have proper risk management strategies before entering the market.

What’s Happening in the Market?

Recently, the price fluctuations in Bitcoin have continued to attract great interest in the cryptocurrency market. While Bitcoin has shown small sideways movement over the past week, investors and analysts are attributing this to new developments in the market. Large investors and institutional purchases seem to be helping stabilize the price of Bitcoin, but short-term fluctuations are still causing concern among investors.

This volatility in Bitcoin‘s price is believed to be driven by market dynamics. The dollar index and global economic conditions are also important factors affecting the price of Bitcoin. Investors are closely monitoring market developments and technical analyses to gain more insight into Bitcoin‘s future.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Critical Alert! Could Bitcoin Price Experience a Drop? appeared first on Coin Engineer.