⚠️ ALTCOINS STILL LOOK WEAK
The recovery is losing steam again.
$SOL, $SUI, $DOGE and $XRP have all turned lower after getting rejected near their previous resistance zones.
Current moves:
$SOL -1.00%
$SUI -2.00%
$DOGE -1.55%
$XRP -1.26%
The bigger issue is that the recent bounce failed to reclaim the previous monthly highs.
For now, sellers still have the short-term edge. 👀
Unless these resistance zones are reclaimed, another move back toward support remains possible.
No FOMO. Let the market show the direction. 📉
The recovery is losing steam again.
$SOL, $SUI, $DOGE and $XRP have all turned lower after getting rejected near their previous resistance zones.
Current moves:
$SOL -1.00%
$SUI -2.00%
$DOGE -1.55%
$XRP -1.26%
The bigger issue is that the recent bounce failed to reclaim the previous monthly highs.
For now, sellers still have the short-term edge. 👀
Unless these resistance zones are reclaimed, another move back toward support remains possible.
No FOMO. Let the market show the direction. 📉