Sui ($SUI ) and Aptos ($APT ) Ready for a Big Bounce

After a recent surge, both Sui ($SUI) and Aptos ($APT) have seen some cooling off. However, they are now nearing key support levels, potentially signaling an upcoming bounce.

SUI Price Momentum

The short-term chart shows SUI nearing an ascending trend line and the 0.618 Fibonacci level. If this support holds, a bounce may occur. However, on the weekly chart, SUI shows a long candle wick and could face downward pressure.

APT Hits Bounce Zone

$APT has hit the 0.618 Fibonacci level at $8.12. While this may lead to a bounce, the weekly chart shows worrying lower highs and lower lows, which could signal further downside. Bulls need to hold key support levels to maintain momentum.