Analyst: But "these 4 coins" have an opportunity, and they may surge this week?
Sui ($SUI) price trend analysis
Upadhyay pointed out that on October 11, US time, Sui ($SUI) rebounded from the 20-day exponential moving average EMA ($1.82) and soared above the $2.18 resistance level the next day.
If the shorts succeed, $SUI may pull back to the 20-day EMA point, and this key support needs to be closely watched. If it falls below, it may trigger a deeper pullback, and the next support level is $1.60.
However, if the closing price of $SUI can remain above $2.18, it means that the bulls are trying to turn this point into a new support, which is expected to start the next round of upward trend, with a target price of $2.50, and then it may challenge $3.
As of writing, $SUI is quoted at $2.24, with an intraday decline of about 4.8%.
Aptos ($APT) Price Trend Analysis
Upadhyay pointed out that Aptos ($APT) has rebounded recently, but is facing selling pressure near the $10.50 resistance level, indicating that bears are still active at high levels.
Bulls must maintain prices above $9.50 to increase the possibility of breaking through $10.50. If the bulls succeed, $APT may accelerate to $14.50 and may see short-term profit-taking.
Bittensor ($TAO) Price Trend Analysis
Upadhyay pointed out that Bittensor ($TAO) has been in an upward trend recently. The bears attempted to pull the price back below $530, but the bulls held their ground.
Currently, $TAO is blocked near $680, but if there is not much subsequent correction, the possibility of a breakthrough will increase, and it is expected to challenge the $760 resistance level.
But Upadhyay also pointed out that although the daily average of $TAO is rising, indicating that bulls have the upper hand, the relative strength index (RSI) has a bearish divergence signal, indicating that the upward momentum is weakening.
Dogwifhat ($WIF) price trend analysis
Upadhyay pointed out that on October 10, US time, Dogwifhat ($WIF) retested the breakout point, indicating that the short-term trend has changed.
From the daily trend, $WIF is blocked near $2.89, but this point may be broken. If it can stay above $2.89, $WIF may soar to $3.58 and eventually $4.
