RED TOKENの‌価格RED

$SWARMS going like a rocket mode let’s get this party started 🚀 👉 But 🚨 Red Alerts as per market condition i think it will soon dump hard as i don't like memes 😂

Technical analysis shows that Sui ($SUI) remains close to its key weekly trendline support as it heads for double digits. The asset may see a quick V-shaped recovery following a confirmed breakout above resistance. Analysts have drawn a long-term trendline that connects multiple previous highs. This trendline has served as resistance in past sessions. The price broke above the trendline around late 2024. It then surged above $4.50 before retracing to test support. A tweet from crypto analyst Mags @thescalpingpro noted that $SUI is near double digits. The asset trades just below the weekly trendline support it broke weeks ago. No weekly candle has closed below the level; only intraday dips occur. Traders view the behavior as a test of bullish strength. $SUI is heading for double digits! Right now, SUI is trading just below the weekly trendline support level it broke out a few weeks ago. So far, it hasn’t closed a single candle below this level, it’s only dipping below on the intraday charts. I’m confident this is just a… pic.twitter.com/6Qty6B0vSg Analysts note that a close above the trendline may trigger a rapid price recovery. A red arrow projection suggests price may target levels near $7. This breakout may renew bullish market sentiment. Price action shows a wick that dips below the trendline but closes above support. This pattern may indicate a liquidity grab or stop hunt. The price action maintains a clear retest area. Dynamic support is seen at the 50 EMA near $2.4877. The asset remains above this level despite recent declines. The stochastic RSI reads 5.65 and 6.92, indicating deep oversold conditions. These indicators offer a basis for monitoring market momentum. Technical indicators offer clear trading signals for $SUI. Market watchers monitor both support levels and momentum for guidance. The combination of EMA and stochastic RSI provides a strong technical framework. Recent price action shows a sharp spike followed by a strong uptrend and retracement. The asset reached a peak above $5.50 before falling to test support. A weekly candle fell 11.94% during a bearish session. The asset trades at $2.82 with a 24-hour volume of over $2.19 billion at the time of writing. The price increased 5.72% in the last 24 hours and 7.84% in the past week. Price retracements and sharp spikes form key elements in $SUI price action . Volume trends support ongoing market activity. Technical analysis suggests that $SUI remains in a critical test phase. Traders await a confirmed close above the trendline to support a bullish move. Price action, volume, and momentum indicators continue to guide market decisions. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The cryptocurrency market shows bullish signals with altcoins poised for profits. According to technical indicators provided by analyst Moustache USDT dominance is on the decline, and altcoin market capitalization is forming a classic Cup and Handle pattern. These signals are indicative of an impending altcoin rally with the potential to hit new highs. USDT dominance plays a crucial role in determining market trends. A lower dominance percentage usually indicates capital flowing into Bitcoin and altcoins. The data forms an ascending broadening wedge. Initially, the price followed this pattern, creating higher highs and higher lows while respecting trendlines. However, at the breakout point, there was a sharp rejection. The previously strong resistance turned into a rejection level, confirming a breakdown. A major support level aligns with historical lows at 3.80% dominance, signaling further downside. Blue retracement lines indicate a possible short-term pullback before another drop. This decline supports the likelihood of capital shifting toward riskier assets like Bitcoin and altcoins. Additionally, a reversal point, a red X highlights where the price bottomed before the last rally. If this pattern plays out, altcoins could experience explosive upward momentum. The total market capitalization of altcoins is forming a Cup and Handle pattern, a widely recognized bullish indicator. The weekly chart shows a decline followed by a rounded recovery, forming the “cup.” After reaching resistance, a slight downward movement creates the “handle,” which precedes a breakout. Breaking above the long-term descending trendline confirms bullish momentum . The projected price target based on this pattern suggests a 173% increase, potentially pushing market capitalization to $2.4 trillion. The market cap as of right now is $1.13 trillion, down 7.84%, although technical signs point to a robust recovery. A surge from 2020 to late 2021 was followed by a protracted fall, historical market tendencies show. The long-term support trendline remains intact, further supporting bullish expectations. If the handle breakout is sustained, altcoins could enter a historic bull phase. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Go buy and hold , soon new Ath inl8ned

Again seeing #Bitcoin strength as we approach the NY market open in 50 mins. Would love to see the 'red start into green session' again today - pushing back into the range. Time to observe, let's see.