Altcoins are rejected again... and sellers are still in control
Another rejection at resistance, and the market is pulling back again.
$SOL and $XRP and #DOGE and $SUI have all returned to the red, with SUI showing the most weakness, down around 4%.
The pattern remains the same: a bounce toward resistance, a failure to break through, then another wave of selling.
For now, altcoins remain under pressure. Until they reclaim key resistance levels with real momentum, I’m treating these moves as relief bounces, not a confirmed trend reversal.
Another rejection at resistance, and the market is pulling back again.
$SOL and $XRP and #DOGE and $SUI have all returned to the red, with SUI showing the most weakness, down around 4%.
The pattern remains the same: a bounce toward resistance, a failure to break through, then another wave of selling.
For now, altcoins remain under pressure. Until they reclaim key resistance levels with real momentum, I’m treating these moves as relief bounces, not a confirmed trend reversal.
